2644 Mount Vernon Rd - Convenience Store FOR SALE


Newark, OH 43055
$749,900 USD
614-869-7139
2644 Mount Vernon Rd, Newark, OH for Sale
$749,900 USD
Convenience Store - FOR SALE
1/26
null | Request Cap Rate

2644 Mount Vernon Rd
Newark, OH 43055


HIGHLIGHTS

  • Convenience Store, Equipment, Vendor, Food, Vapor, Tobacco and Liquor Licenses, and Home are all part of the sale on 1.14 acres of land
  • Billboard on property generates $5,000/year in revenue with 19+ years remaining on lease
  • Buildings have new metal roof and there are several outbuildings on the property including a garage, carport, chicken coop, and a storage shed
  • Home has 3 Bd upstairs, a 4-season sunroom, a full basement and doors at grade in the back. Basement has 2 additional Bd and an additional 1/2 bath
  • 18 miles from Intel's $20B+ New Albany semiconductor campus, driving long-term growth in jobs, traffic, and daily-needs retail demand
  • More than 14 on-site parking spaces available

OVERVIEW

C-Store, Business, and Attached Home for Sale:The offering includes a fully equipped convenience store with all vendor, food, vapor, tobacco, and liquor licenses, along with a single-family residence, situated on 1.14 acres with 14+ parking spaces. The home features three bedrooms, a four-season sunroom, a full basement, and rear at-grade access, while the property also benefits from new metal roofs and multiple outbuildings, including a garage, carport, chicken coop, and storage shed. An on-site billboard provides $5,000 in annual income with more than 19 years remaining on the lease. Strategically located in Licking County along Mt. Vernon Road (SR-79/SR-13), the site benefits from strong local, commuter, and transient traffic, proximity to Newark-Heath employment centers, and long-term growth driven by Intel's $20B+ New Albany semiconductor campus just 18 miles away. Billboard on property generates $5,000/year in revenue with 19+ years remaining on lease. - 18 miles from Intel's $20B+ New Albany semiconductor campus, driving long-term growth in jobs, traffic, and daily-needs retail demand - Located in Licking County, one of Central Ohio's fastest-growing employment markets fueled by advanced manufacturing and logistics - Frontage along Mt Vernon Road (SR-79/SR-13), a key connector serving commuters, residents, and regional traffic and offers a strong blend of local, commuter, and transient traffic, ideal for convenience sales

FOR SALE DETAILS

PRICE

$749,900 USD

PRICE/SF

$195 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

-

APN/PARCEL ID

059-297618-00.000

ASK ABOUT THIS PROPERTY

Doug SmithWestwood Commercial Real Estate Co.More Info
614-869-7139

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Doug SmithWestwood Commercial Real Estate Co.More Info
614-869-7139

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