225-235 S 21st St - Retail FOR SALE


Newark, OH 43055
$1,600,000 USD
740-819-2673
225-235 S 21st St, Newark, OH for Sale
$1,600,000 USD
Retail - FOR SALE
1/5
null | 10% Cap Rate

225-235 S 21st St
Newark, OH 43055


HIGHLIGHTS

  • Ample Parking
  • High Visible

OVERVIEW

Income-producing retail investment with strong in-place tenancy! 225–235 South 21st Street offers a 21,300 SF strip center positioned on approximately 1.88 acres, providing investors with a stabilized commercial asset and established tenant mix. Zoned General Commercial, the property is currently occupied by 10 tenants and offers a 10%+ cap rate, making it a compelling opportunity for a retail or strip center investor seeking immediate income. The building’s multi-tenant configuration supports diversified rent streams, while the site layout allows for convenient access, parking, and visibility for individual users. 2025 and YTD 2026 financials are available with a signed NDA. Sale is subject to the seller splitting off 1 acre of the parcel. Explore the vibrant neighborhood surrounding this prime Newark. Located on South 21st Street, this highly visible Newark corner lot is positioned across from Ohio’s first UNESCO World Heritage Site, Hopewell Ceremonial Earthworks. Surrounded by residential neighborhoods, nearby dining, and retail options, the site offers strong exposure, steady activity, and convenient access within a dynamic local market.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mound Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,563 SF

ZONING

General Commercial

APN/PARCEL ID

054-217044-00.000

ASK ABOUT THIS PROPERTY

Brandon HessShai · Hess Commercial Real EstateMore Info
740-819-2673

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Brandon HessShai · Hess Commercial Real EstateMore Info
740-819-2673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.