19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851
19 North Main Street, New London, OH 44851

AGENT OWNED INVESTMENT OPPORTUNITY, NATIONAL TENANT 19 North Main Street, New London, OH 44851

Availability: for sale
Property Type: Retail - Automotive
Retail - Free Standing
Year Built: 1945
Building Size: 12,789 SF
Land Size: 0.58  Ac
Price: $310,000
Price per SF: $24.24
Zoning: B-D Business Downtown District

Property Description

This property is an AGENT-OWNED property currently leased to NAPA Auto Parts, Inc., a nationally recognized and creditworthy tenant with over 6,000 locations across North America. The current lease runs through January 2029 with three additional five-year renewal options, offering long-term income stability. NAPA is responsible for property taxes and insurance, while the landlord maintains the building structure and site, resulting in minimal management and predictable cash flow. The property offers 12 parking spaces and seven overhead doors (six measuring 10’ x 10’ and one at 12’ x 12’), supporting excellent operational flexibility. Zoned DBD (Downtown Business District), the site accommodates a wide range of commercial uses and future adaptability. With scheduled rent escalations every five years, this asset represents a secure, low-maintenance investment backed by a strong national tenant and prime downtown location.

Area Description

Located in downtown New London, this property sits prominently at the corner of N. Main Street and W. Main Street, directly across from McDonald’s.

Highlights

  • Available: 12,789 SF | .588 AC
  • Term: 3 Year NNN lease remaining through January 2029 with three 5 year options. Guarantee by Genuine Parts Company, dba NAPA Auto Parts
  • 7 overhead doors total: 6 - 10’ x 10’ and 1 – 12’ x 12’
  • Parking: 12 spaces
  • Zoning: DBD (Downtown Business District)
  • Traffic Count: 3,203 2024
  • Annual Real Estate Taxes: $3,180.98

Full Address: 19 North Main Street, New London, OH 44851

Listing Type: FOR SALE

Status: Active

Zoning: B-D Business Downtown District

Region: M-EN 

Property ID: 4092318

Roof: Metal

Building Sf: 12,789

Parcel Num: 26-0180-02-009-0000

Number Units: 1

Year Built: 1945

Features

  • Available: 12,789 SF | .588 AC
  • Term: 3 Year NNN lease remaining through January 2029 with three 5 year options. Guarantee by Genuine Parts Company, dba NAPA Auto Parts
  • 7 overhead doors total: 6 - 10’ x 10’ and 1 – 12’ x 12’
  • Parking: 12 spaces
  • Zoning: DBD (Downtown Business District)
  • Traffic Count: 3,203 2024
  • Annual Real Estate Taxes: $3,180.98