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$ 6,200,000
Est. payment /mo
Active
16751699 Mount Vernon Road Newark, OH 43055
6.95 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226013418
Year Built 1991
Annual Tax Amount $19,444
Lot Size 6.950 Acres
Lot Dimensions 6.95
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
North 13 Mini Storage & Field Pointe Townhomes and Storage
Introducing a prime investment opportunity! This well-maintained, multi-income property offers a rare combination of self-storage, multifamily, office, and residential components across just under 7 acres. The asset includes multiple buildings totaling 45,385 SF, approximately 180 storage units across 5 buildings, 40 one-bedroom apartments within 10 apartment buildings, a 1,523 SF management office, and two quality homes on site. The main residence is an immaculate 4,200 SF home with 3 bedrooms, 2.5 baths, an attached garage, multiple outdoor living spaces, and a new roof in 2024. A second ranch-style home offers approximately 2,274 SF with 3 bedrooms, 2 full baths, and a garage.
The property has been meticulously managed and is exceptionally well kept, with all storage units monitored by security cameras, asphalt resurfaced in 2023, and roof replacements scheduled for early summer 2026 for all buildings except the main home, which was reroofed in 2024. The office space, currently used for management, includes a reception area, three private offices, two restrooms, a conference room, and additional back storage, offering potential for future lease income. With no outside storage currently in place and additional undeveloped land available for possible future income-producing use, this property presents a highly versatile opportunity for a self-storage or multifamily investor seeking a stabilized, well-cared-for asset with expansion potential.
North 13 Mini Storage & Field Pointe Townhomes and Storage offers a strategic location along SR-13 in Newark, OH, providing high visibility and easy access. Positioned within a strong industrial and self-storage corridor, the property benefits from proximity to major transportation routes, commercial centers, retail, dining, and outdoor attractions. The blend of industrial accessibility and residential convenience creates a compelling opportunity.
Introducing a prime investment opportunity! This well-maintained, multi-income property offers a rare combination of self-storage, multifamily, office, and residential components across just under 7 acres. The asset includes multiple buildings totaling 45,385 SF, approximately 180 storage units across 5 buildings, 40 one-bedroom apartments within 10 apartment buildings, a 1,523 SF management office, and two quality homes on site. The main residence is an immaculate 4,200 SF home with 3 bedrooms, 2.5 baths, an attached garage, multiple outdoor living spaces, and a new roof in 2024. A second ranch-style home offers approximately 2,274 SF with 3 bedrooms, 2 full baths, and a garage.
The property has been meticulously managed and is exceptionally well kept, with all storage units monitored by security cameras, asphalt resurfaced in 2023, and roof replacements scheduled for early summer 2026 for all buildings except the main home, which was reroofed in 2024. The office space, currently used for management, includes a reception area, three private offices, two restrooms, a conference room, and additional back storage, offering potential for future lease income. With no outside storage currently in place and additional undeveloped land available for possible future income-producing use, this property presents a highly versatile opportunity for a self-storage or multifamily investor seeking a stabilized, well-cared-for asset with expansion potential.
North 13 Mini Storage & Field Pointe Townhomes and Storage offers a strategic location along SR-13 in Newark, OH, providing high visibility and easy access. Positioned within a strong industrial and self-storage corridor, the property benefits from proximity to major transportation routes, commercial centers, retail, dining, and outdoor attractions. The blend of industrial accessibility and residential convenience creates a compelling opportunity.
Location
State OH
County Licking
Area 6.95
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Newark Csd 4507 Lic Co.
School District Newark Csd 4507 Lic Co.
Others
Tax ID 096-292176-00.000
Acceptable Financing Other
Listing Terms Other
Listed by Joseph Gebhart Shai-Hess Commerical Real Estate, LLC