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    2299 Cherry Valley Rd SE Newark, OH 43055

    For Lease
    $2,500 /Mo ($25 SF/Yr)

    Well-appointed spa space for lease within Cherry Valley Hotel.

    Property size:
    1,200 SF
    Lot size:
    16.75 Acres

    Property Features for 2299 Cherry Valley Rd SE

    General Information

    Size
    1,200 SF
    Lot size
    16.75 Acres

    Source: SHAI-Hess Commercial Real Estate Agent Brandon Hess

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spa Space in Cherry Valley

    This well-appointed spa space, located within the Cherry Valley Hotel, presents a unique leasing opportunity. The 1,200-square-foot space includes a reception area, an outdoor relaxation patio, and a waiting room. It also features three treatment rooms, a nail and pedicure area, two hairstylist chairs, a steam room, two showers, and two restrooms. Some equipment is available for use. On-site laundry services are provided. Tenants can benefit from hotel guest bookings and wedding parties, and can also serve outside clientele. Signage is available on and throughout the building to maximize visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    City Farm Supply Farm Mid-Ohio Fiber Fair Handicraft Fair Cherry Valley Hotel, ... Hotel Craftsman Kitchen & Terrace American Restaurant Ohio Event Center Event Venue

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    VO2 Fitness

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4773438
    Latitude
    40.0518477

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    FAQs

    What type of property is this?
    Spa & wellness property - Well-appointed spa space for lease within Cherry Valley Hotel.
    Where is this spa & wellness property located?
    The property is located at 2299 Cherry Valley Rd SE Newark, OH.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Established spa space within the Cherry Valley Hotel offering immediate access to hotel guest bookings and wedding parties.; - Opportunity to serve both hotel guests and outside clientele, maximizing revenue potential.; - Includes a comprehensive spa setup: reception area, waiting room, **three treatment rooms**, nail/pedicure area, two hairstylist chairs, steam room, two showers, and two restrooms.
    (740) 587-7441
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    2299 Cherry Valley Rd SE Newark, OH 43055
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    Newark, OH 43055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2299 Cherry Valley Rd SE Newark, OH 43055
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