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1500 E Main St
Newark, OH 43055
The Basket · Office Property For Sale
Investment Highlights
- Property is located on a 21.5 acre Campus
- Building Capacity: 500 + employees
- 25 Heated underground executive parking spaces
- Built in 1997
- 84 Windows
Executive Summary
A landmark Class A office asset of this scale is a rare offering in today’s market. Built in 1997 and situated on a 21.5-acre campus, this seven-story, 180,000 SF building offers an impressive professional setting with high-end finishes throughout. The property features a media room, on-site workout facility, glass elevators overlooking the atrium, and locally sourced woodwork that adds warmth and character to the space. Zoned General Commercial District and designed to support 500+ employees, the building also includes 25 heated underground executive parking spaces and 555 total parking spaces, making it a premier opportunity for office investors or users.
This iconic building is highly visible from SR-16, offering a standout location at 1500 E Main Street in the heart of Licking County. Conveniently positioned in Newark, near The Ohio State University at Newark and Denison University, the property provides easy regional access to Columbus and close proximity to Intel’s expanding presence in Central Ohio.
This iconic building is highly visible from SR-16, offering a standout location at 1500 E Main Street in the heart of Licking County. Conveniently positioned in Newark, near The Ohio State University at Newark and Denison University, the property provides easy regional access to Columbus and close proximity to Intel’s expanding presence in Central Ohio.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
180,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1997
Price
$11,712,830 CAD
Price Per SF
$65.07 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
25,714 SF
Slab To Slab
10’
Building FAR
0.19
Lot Size
21.50 AC
Zoning
GC - General Commercial
Parking
580 Spaces (3.22 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Day Care
- Fitness Center
- Food Court
- Security System
- Central Heating
- Partitioned Offices
- Reception
- Shower Facilities
- Wi-Fi
Property Taxes
| Parcel Numbers | Improvements Assessment | $144,068 CAD | |
| Land Assessment | $557,200 CAD | Total Assessment | $701,268 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$557,200 CAD
Improvements Assessment
$144,068 CAD
Total Assessment
$701,268 CAD
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