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Mound Center 225-235 S 21st St 23,760 SF 100% Leased Retail Building Newark, OH 43055 $1,725,000 ($72.60/SF) 9.69% Cap Rate
Investment Highlights
- Ample Parking
- High Visible
Executive Summary
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.
Property Facts
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Flexible space with signage opportunities to help your business stand out. This 1,500 SF retail or professional service space offers a versatile setting for a variety of business uses. Building and road signage options provide added exposure and branding opportunities for tenants. With a manageable footprint and flexibility for retail or service-oriented users, this space offers a great opportunity for a business seeking a professional and functional location. 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.
| Space | Size | Space Use | Position | Available |
| 233 | 1,500 SF | Retail | In-Line | 30 Days |
233
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
233
| Size | 1,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Flexible space with signage opportunities to help your business stand out. This 1,500 SF retail or professional service space offers a versatile setting for a variety of business uses. Building and road signage options provide added exposure and branding opportunities for tenants. With a manageable footprint and flexibility for retail or service-oriented users, this space offers a great opportunity for a business seeking a professional and functional location. 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.
Nearby Major Retailers
Property Taxes
| Parcel Number | 054-217044-00.000 | Improvements Assessment | $268,800 |
| Land Assessment | $121,240 | Total Assessment | $390,040 |
Property Taxes
Contact the Sale Advisor
Mound Center | 225-235 S 21st St