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    50 S 2Nd St Newark, OH 43055

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    For Lease
    $11 SF/Yr ($3,064 /Mo)

    Office space for rent in The Works building.

    Property size:
    3,343 SF
    Lot size:
    0.12 Acres

    Property Features for 50 S 2Nd St

    General Information

    Size
    3,343 SF
    Lot size
    0.12 Acres

    Source: SHAI-Hess Commercial Real Estate Agent Joe Gebhart

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

    Overview

    Downtown Newark Office Space Available

    Located southeast of Newark's Downtown Square, this office space is situated on the second floor of The Works building, offering accessibility and convenience. The property provides 3343 square feet of office space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Starbucks Coffee Shop 2nd Street Market ... Gift Shop Elements American Restaurant TROUT CLUB Bar Snapshots Social Bakery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.3998513
    Latitude
    40.0565664

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    FAQs

    What type of property is this?
    Office space - Office space for rent in The Works building.
    Where is this office space located?
    The property is located at 50 S 2Nd St Newark, OH.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Excellent location southeast of Newark's Downtown Square.; - Situated on the second floor.; - Located in The Works building.
    (740) 334-2863
    Request Owner's contact information
    50 S 2Nd St 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
    50 S 2Nd St Newark, OH 43055
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