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1000 Brice St 11,600 SF Industrial Building Newark, OH 43055 $1,633,404 CAD ($140.81 CAD/SF)

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Investment Highlights

  • Fully Leased to long-term tenants
  • Easy access to major transportation routes
  • High ceilings for storage and equipment

Executive Summary

Discover a prime investment opportunity at 1000 Brice St in Newark, Ohio—an industrial/flex property offering 11,600 SF across two fully-leased buildings with long-term tenants. Zoned General Commercial, this property provides versatility and potential. Building 1 features a 6,000 SF storage warehouse with a 24' clear height, loading dock, and power access, with water and sewer easily added as connections are available onsite. Located behind it, Building 2 spans 5,600 SF and operates as a fully climate-controlled sports training facility, complete with a workroom, offices, and two restrooms. Both buildings benefit from a significant tax abatement in place for the next 12+ years, ensuring stable returns for the discerning investor. Lease details are available upon request and signed NDA.
Excellent Newark, Ohio location, offering phenomenal accessibility and convenience. Situated just 0.4 miles from SR-16, the property allows seamless travel with quick east and west entrance and exit ramps. This prime spot-on Brice Street sits within a cul-de-sac, surrounded by other commercial storage and warehouse facilities, making it a perfect fit for businesses seeking a central, well-connected area.

Property Facts

Price $1,633,404 CAD
Price Per SF $140.81 CAD
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
Building Class B
Lot Size 0.96 AC
Rentable Building Area 11,600 SF
No. Stories 1
Year Built 2022
Tenancy Single
Zoning General Commercial

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Property Taxes

Property Taxes

Parcel Number
055-282810-00.007
Land Assessment
$59,551 CAD
Improvements Assessment
$223,436 CAD
Total Assessment
$282,987 CAD
  • Listing ID: 33923486

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 1000 Brice St, Newark, OH 43055

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