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    48 S 4Th St Newark, OH 43056

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    For Lease
    $4,500 /Mo ($4 SF/Yr)

    Historic mixed-use building with office and flex space available for rent.

    Property size:
    12,220 SF
    Lot size:
    0.45 Acres

    Property Features for 48 S 4Th St

    General Information

    Size
    12,220 SF
    Lot size
    0.45 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

    Historic Mixed-Use Building For Rent

    This historic mixed-use building features original architectural details and character. The front of the building has oversized windows and the original brick exterior. The main entrance includes original tile floors. The front portion of the building is configured with several offices, two conference rooms, three restrooms, and a kitchenette with basement access. The back of the building provides flex space with floor drains, 3-phase electric power, a 12-foot garage door, and a loading dock. A side entrance with an accessible ramp is also available. The property is located in the downtown DORA district and has a total size of 12220 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Republican Party of Licking Political Party Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4049475
    Latitude
    40.058946

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    FAQs

    What type of property is this?
    Mixed-use property - Historic mixed-use building with office and flex space available for rent.
    Where is this mixed-use property located?
    The property is located at 48 S 4Th St Newark, OH.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Located in the vibrant downtown DORA (Designated Outdoor Refreshment Area).; - **Mix-use building with flex space** including floor drains, 3-phase electric, 12' garage door, and dock.; - Historic building with original brick exterior and tile floors.
    (740) 587-7441
    Request Owner's contact information
    48 S 4Th St Newark, OH 43056
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    Newark, OH 43056
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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
    48 S 4Th St Newark, OH 43056
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