195 Union StNewark, OH 43055

  • Industrial properties
  • 5,000 SF
For Lease
$0.14/SF/YR View listing

Property Details for 195 Union St

Year built
1962
Lot size
15.05 AC
Property size (Sq ft)
5,000 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
054-217740-00.000
APU
5421774000000

Description

This exceptional single-tenant office building at 195 Union Street offers a total of 34,880 square feet on a 15.05 square foot lot, conveniently located near Wehrle Ave. The property features two available first-floor office suites within Suite F, ideal for a variety of businesses. Office 1, a 203-square-foot interior office, boasts a private entrance off the main hallway, while Office 2 offers 157 square feet of space with two walls of windows providing ample natural light. The gross rent for Office 1 is $450 per month, and Office 2 is $400 per month. Both suites benefit from the inclusion of all utilities in the rental price. Tenants also enjoy access to a shared conference room. Ample parking is available surrounding the building. Please note that this property is not suitable for insurance agencies, real estate companies, or financial planners. The property's Assessor's Parcel Number (APN) is 054-217740-00.000. This presents a unique opportunity for a small business seeking a well-maintained, convenient, and all-inclusive office space. The building is a single-suite property, offering a private and efficient work environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,088,398
    Hospitality
    $996,967
    Educational
    $829,465
    Medical
    $857,991
    Retail
    $1,290,279
195 Union St, Newark, Ohio

Location Insight

City
Newark
County
Licking
State
Ohio
Latitude
40.0509
Longitude
-82.4141
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,287
$149,700
$876,400
$1,026,100
-
$427,700
$2,504,000
$2,931,700

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