405 Newark Road

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

405 Newark Road

Mount Vernon, OH 43050
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features 1,598 square feet of usable commercial space.
  • This mixed-use asset is situated in Mount Vernon, Ohio.
  • The location offers accessibility for both local and regional business clients.
  • It provides versatile potential for retail or professional office use.
  • Mount Vernon serves as a significant commercial hub for the region.

What's Special

This 1,598 square foot mixed-use property at 405 Newark Road presents a functional space for business operations in Mount Vernon. Its configuration allows for versatile applications, catering to investors or owner-occupants looking to establish a presence within this Knox County community. Mount Vernon serves as a central hub for the surrounding region, benefitting from steady local commerce and established residential density that supports various service-oriented enterprises. The layout is well-suited for professional offices, retail showrooms, or creative studio space, providing flexibility for diverse business models seeking a footprint in a growing Ohio market. Strategically positioned along a key corridor, the property offers visibility and access for both clients and employees. The surrounding area features a mix of commercial and residential interests, contributing to a stable economic environment for local businesses. Prospective buyers can leverage this asset to tap into the regional economy, whether for long-term hold strategies or active commercial use.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times