55 Church StNewark, OH 43055

For Sale
$849,000

10,650 SF, Mixed-Use, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 10,650-square-foot mixed-use building is ideally situated in the vibrant heart of Downtown Newark, Ohio. The two-story property boasts numerous recent updates and offers a prime location with both storefront and off-street parking included within the 10,018.8-square-foot lot. The ground floor currently features a fully built-out restaurant space and The Underground Gym, which is available for purchase separately or as a continuing tenant. The second floor includes a versatile entertainment area and a one-bedroom apartment, adding to the property's income potential. Benefitting from its location within the Special Improvement District (SID), this high-visibility property enjoys a bustling environment surrounded by banks, restaurants, entertainment venues, and retail establishments. The City of Newark is experiencing significant growth, presenting numerous opportunities for future development and use of this adaptable building. Convenient access to major roadways, including State Routes 16/161/40/79 and Interstates 70/270, further enhances its appeal. The asking price is $849,000, translating to $79.72 per square foot. This represents a unique opportunity to acquire a well-maintained, versatile commercial property in a thriving Ohio city.

Highlights

  • 10,650 SF mixed-use building in Downtown Newark, OH.
  • Two-story building with storefront and off-street parking on a 10,018.8 SF lot.
  • Ground floor features a restaurant and a gym (separately purchasable).
  • Second floor includes an entertainment area and a one-bedroom apartment.
  • High-visibility location in Newark's Special Improvement District (SID), near banks, restaurants, and retail.
  • Excellent access to major roadways (SR 16/161/40/79, I-70/270).

Location Insight

City
Newark
County
Licking
State
Ohio
Latitude
40.0580887
Longitude
-82.4053552
55 Church St, Newark, Ohio

FAQs

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55 Church St
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