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2644 Mount Vernon Rd 3,853 SF Retail Building Newark, OH 43055 $749,900 ($194.63/SF)
Investment 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
- Buildings have new metal roof and there are several outbuildings on the property including a garage, carport, chicken coop, and a storage shed
- 18 miles from Intel's $20B+ New Albany semiconductor campus, driving long-term growth in jobs, traffic, and daily-needs retail demand
- Billboard on property generates $5,000/year in revenue with 19+ years remaining on lease
- 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
- More than 14 on-site parking spaces available
Executive Summary
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
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
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,853 SF
Building Class
C
Year Built
1930
Price
$749,900
Price Per SF
$194.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.14 AC
Parking
16 Spaces (4.15 Spaces per 1,000 SF Leased)
Frontage
208’ on Mount Vernon Road
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 059-297618-00.000 | Improvements Assessment | $61,080 |
| Land Assessment | $34,270 | Total Assessment | $95,350 |
Property Taxes
Parcel Number
059-297618-00.000
Land Assessment
$34,270
Improvements Assessment
$61,080
Total Assessment
$95,350
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2644 Mount Vernon Rd