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    391 W Main St Newark, OH 43055

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    For Sale
    $249,900

    Turnkey restaurant with equipment included, subdivision potential, high visibility.

    Property size:
    1,984 SF
    Lot size:
    0.17 Acres

    Property Features for 391 W Main St

    General Information

    Size
    1,984 SF
    Lot size
    0.17 Acres

    Source: Howard Hanna - The Don Shaffer Team | Pickerington Agent Don Shaffer

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

    Overview

    Turnkey Restaurant Opportunity For Sale

    This 1984 square foot property, currently operating as Sonny's Pizza and Subs (DBA Incredible Pizza), presents a significant investment opportunity. The all-brick and concrete block building is turnkey and ready for a new owner. Included in the sale are all the equipment, such as three pizza ovens, a walk-in cooler, a mixer, a slicer, prep tables, point-of-sale equipment, and a storage container located at the rear of the building. The property has the potential to be subdivided and leased into three separate tenant locations. It features ample parking, high traffic volume, and excellent visibility. The property offers various possibilities, including retail or dine-in expansion. The sale excludes the two safes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Morgan's Decks & Fence Fence Contractor SONNYS PIZZA AND SUBS Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4174968
    Latitude
    40.0541807

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    FAQs

    What type of property is this?
    Turn key restaurant - Turnkey restaurant with equipment included, subdivision potential, high visibility.
    Where is this turn key restaurant located?
    The property is located at 391 W Main St Newark, OH.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Turnkey restaurant property with all equipment included: pizza ovens, walk-in, mixer, slicer, POS system, etc.; - Potential for subdivision into three separate tenant locations.; - High visibility location with significant parking and traffic count.
    (614) 402-0338
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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
    391 W Main St Newark, OH 43055
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