513 E east main street StreetNewark, OH 43055

513 E east main street StreetNewark, OH 43055

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$175,000 Contingent
Commercial - Business MLS 225038880 Contingent
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Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 740-366-3318
Agent Name: Chris Griley

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Commercial, Multi Family Property, $2400 income per month. Property updated in 2024 brand new Electrical service, panels, hot water tanks, furnace, LVP.this property has an excellent parking lot in the back for any construction landscaping or dumpster business.There is potential to add 1,000 sf to the property, conforming with local code.zoned commercial

513 E east main street Street | MLS# 225038880

This commercial property located at 513 E east main street Street, Newark, OH 43055 is currently listed for sale with an asking price of $175,000. Search Newark real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 149
Year Built: 1906

Feature Descriptions

Parcel #: 054-211998-00.000

Demographics

Licking County Demographic Information for 513 E east main street Street, Newark, OH 43055
Fips
Fips Code 39089
Population
2020 to 2023 Change up 2.6%
2010 Count 166,492
2020 Count 178,519
2023 Estimate (V2023) 183,201
2020 Estimate (V2023) 178,513
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 22.7%
18 to 64 53.8%
65 and Older 17.8%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 3.8%
US 96.2%
Education
High School Graduate, Age 25+ 93.2%
Bachelor's Degree or Higher, Age 25+ 29.5%
Computer and Internet use
Households with a computer 94.3%
Households with a broadband Internet subscription 91.1%
Language
English is Second Language, Age 5+ 5.1%
English is First Language, Age 5+ 94.9%
Veterans
Veterans 12,115
Income
Per Capita Income $39,760
Median Household Income $78,505
People in Poverty 10.2%
Commute
Average Work Commute Time 27 minutes
Housing
Total Housing Units 73,313
Households 67,239
Average Household Size 2.61
Owner-Occupied 73.5%
Multi-Family 17.2%
Owner-Occupied Median Value $232,200
Median selected monthly owner costs -with a mortgage $1,608
Median selected monthly owner costs -without a mortgage $577
Median gross rent $960
Building Permits
New Private Housing Issued 2023 180
Years at Residence
1 Year or More 88.3%
Less Than 1 Year 11.7%
Business and Employment
Private non-farm Establishments 3,146
Private non-farm Employment 56,578
Private non-farm Employment Growth up 2.2%
Nonemployer Establishments 13,255
Number of Firms 13,336
Business Production
Value of Shipments $3,385,197,000
Wholesale Trade $967,362,000
Retail Trade $2,497,946,000
Retail Sales Per Capita $14,653
Accommodation and Food Services $240,471,000
Land
Land Area 682.50 sq. miles
Population Per Square Mile 244

Source: US Census Bureau

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