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Historic Storefront Lease Space
For Lease
$3,000/Mo

4 N Park Place, Newark, OH 43055

Commercial Lease, Newark, OH

Space Size1,800 SF
Lot Size0.04 Acres
Days on Market242

Property Features for 4 N Park Place

General Information

Property type Commercial Lease
Property subtype Other
Standard status Active
APN 054-201840-00.000
Size 1,800 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6619

Utilities

Sewer type Public Sewer
Water source Public

Amenities

3-phase electric
Listing Agency: Real of Ohio
Listed By: Siara B Kopis · License #2015004641
Added: Jan 13 Changed: Sep 12 Last Checked: Sep 12 at 8:06AM
MLS# 226001107

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,800-square-foot storefront in downtown Newark combines historic architectural character with three-phase electric service. The space can accommodate a professional office, restaurant, retail storefront, or salon, providing a range of established commercial formats within one property configuration.

The premises are located at 4 N Park Place in Newark, surrounded by local shops, dining, and ongoing community activity. Public water and public sewer serve the property. The availability is structured as a sublease through Feb 2027, with the owner open to providing an additional 2-year renewal option after the sublease ends.

Key Highlights

  • 1,800 square feet of storefront space
  • Historic architecture in downtown Newark
  • Three‑phase electric service

Property Analytics

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Current Use

F'DChimney&DryerVentCleaning General Contractor Downtown Fruit Passion Restaurant

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,000
Businesses Nearby
Under-served
Demand for This Use

Demographics for 43055, OH

62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newark, OH

$13.26 /SF/Yr
Avg Asking Price
$1.03–$20 /SF/Yr
Price Range
5,922 SF
Avg Space Size

This space is priced 51% above the average of $13.26 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Three-phase electric supports office, restaurant, retail, or salon operations in a walkable downtown setting.
Where is this storefront property located?
The property is located at 4 N Park Place Newark, OH.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 1,800 square feet of storefront space; Historic architecture in downtown Newark; Three‑phase electric service
More about this property
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