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    33 N 3Rd St Newark, OH 43055

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    For Lease
    $21 SF/Yr ($4,919 /Mo)

    2,746 SF space in renovated 114-year-old building.

    Property size:
    2,746 SF
    Lot size:
    0.42 Acres

    Property Features for 33 N 3Rd St

    General Information

    Size
    2,746 SF
    Lot size
    0.42 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

    Revived Retail Space Available

    The Arcade renovations are complete, reviving the 114-year-old building to its former splendor. A final space of 2,746 square feet is available for lease. This opportunity is suitable for various businesses, including restaurants, entertainment venues, boutique stores, personal care services, and educational institutions.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -82.4031614
    Latitude
    40.0586184

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    FAQs

    What type of property is this?
    Retail space - 2,746 SF space in renovated 114-year-old building.
    Where is this retail space located?
    The property is located at 33 N 3Rd St Newark, OH.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Renovated 114-year-old building with revived splendor; - Large 2,746 SF space available; - Suitable for various businesses including restaurants, entertainment, and retail
    (740) 587-7441
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    33 N 3Rd 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
    33 N 3Rd St Newark, OH 43055
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