224 Granville Street, Newark, OH 43055

$199,000
Property Type: Commercial Lease Square Footage: 2,891 Lot Size (sq. ft.): 3,920 Status: Contingent
Current Price: $199,000 List Date: 7/15/2025 Last Modified: 3/11/2026

Description

Endless Possibilities in a Prime Newark Location! Don’t miss this excellent opportunity to own a versatile mixed-use property centrally located in Newark, Ohio. Whether you’re an investor or an owner-occupant, this space offers flexibility and income potential. The main level features a spacious commercial/office area with a large open front space ideal for retail, client services, or office use. A back room with two storage areas, two bathrooms, and a full basement provide ample space for operations, inventory, or future expansion. This space was most recently used as a general store and previously as a driving school, showcasing its adaptability for a variety of businesses. Upstairs, you’ll find a 3-bedroom apartment with its own private entrance and laundry hookup—perfect for additional rental income or on-site living. While both units are currently vacant, the commercial space previously rented for $1,145/month and the apartment for $995/month. With its central location, income potential, and flexible layout, this property is a fantastic opportunity to establish your business or expand your investment portfolio in the heart of Newark. Schedule your showing today!

Supplements: ********

More Information MLS# 225026109

Location & Property Info

List Price/SqFt: 68.83 City (Mailing Addr): Newark Corp LimitPerAuditor: Newark

Office/Contract Info

For Sale: Yes Exchange: No For Lease: Yes Lease Rate $/Sq Ft: 0

General Property Info

Total SqFt Available: 2891 Bldg Sq Ft: 2891 Max Cont Sqft Avail: 2891 Minimum Sqft Avail: 2891 # of Docks: 0 Lot Size (Side): 96 Use Code: 447 – OFFICE BLDG 1 AND 2 STORY # of Floors Above Gr: 2 Acreage: 0.09

Tax Info

Mult Parcels/Sch Dis: No Tax Abatement: No Taxes (Yrly): 2016 Tax Incentive: No Parcel #: 054-259470-00.000 Tax Year: 2024

Remarks & Misc

Property Description: Endless Possibilities in a Prime Newark Location! Don’t miss this excellent opportunity to own a versatile mixed-use property centrally located in Newark, Ohio. Whether you’re an investor or an owner-occupant, this space offers flexibility and income potential. The main level features a spacious commercial/office area with a large open front space ideal for retail, client services, or office use. A back room with two storage areas, two bathrooms, and a full basement provide ample space for operations, inventory, or future expansion. This space was most recently used as a general store and previously as a driving school, showcasing its adaptability for a variety of businesses. Upstairs, you’ll find a 3-bedroom apartment with its own private entrance and laundry hookup—perfect for additional rental income or on-site living. While both units are currently vacant, the commercial space previously rented for $1,145/month and the apartment for $995/month. With its central location, income potential, and flexible layout, this property is a fantastic opportunity to establish your business or expand your investment portfolio in the heart of Newark. Schedule your showing today!

Property Condition

Updated/Remodeled: 1

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Construction

Block: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Auction Info

Auction/Online Bidding Y/N: No

Sprinkler

None: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 238000 List Price: $199,000 Property Sub Type: Mixed Use Street #: 224 Street Name: Granville Street Suffix: Street County: Licking State: OH Zip Code: 43055 Township: None

OfficeContract Info

Status: Contingent MLS Entry Date: 2025-07-15

Property Features

Addl Acceptance Cond: None Known Property Condition: Updated/Remodeled Water Source: Public Sewer: Public Sewer Construction: Block Sprinkler: None MLS Primary PhotoSrc: Realtor Provided
Listing Office: CRT, Realtors
Listing Agent: Rebecca J Tharp
Last Updated: March – 11 – 2026
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