Retail Carryout Restaurant with
For Sale
$499,900
340 Mount Vernon Road Newark, Newark, OH 43055
For sale as a combined real estate and operating carryout business with attached tenant space and beer and wine permits.
Property Size2,576 SF
Lot Size0.45 Acres
Price / SF$194.06
Days on Market53
Property Features for 340 Mount Vernon Road Newark
General Information
Standard status
Active
Size
2,576 SF
Lot size
0.45 Acres
Zoning
LC
Net Operating Income
$1.00
Additional Details
Business Included
Yes
Highway Access
Yes
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$2,747
Amenities
No
0.23
2576.0
Building Details
Building Size
2,576 SF
Year Built
1953
Stories
1
Listing Agency:
(614) 660-5959
Listed By:
John Stomps
(614) 660-5959
Source:
Movenowohio
Added: Jun 30
Changed: Aug 12
Last Checked: Aug 21 at 3:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Stomps
Investment Insights
Based on property information with market context.
Offered for sale together as a commercial building and established carryout business, this property includes C1/C2 beer and wine permits, along with inventory, equipment, and fixtures. The sale also includes the attached tenant space operating as a pizza and sub shop, creating an additional income stream within the overall building.
The site is on approximately 0.45 acres and is zoned LC (Limited Commercial), providing flexibility for a variety of commercial uses. It sits within Newark CRA #1 and Commercial TIF District 7-2. Conveniently located less than three minutes from Downtown Newark, with access to State Route 16 and the greater Columbus region.
The current operating model includes retail sales supported by beer and wine sales, lottery sales, and tenant income from the attached pizza and sub shop. For a buyer seeking an existing business platform with real estate included, the property offers the continuity of an operating carryout business while also allowing room for continued operation and modernization of the underlying commercial space.
The site is on approximately 0.45 acres and is zoned LC (Limited Commercial), providing flexibility for a variety of commercial uses. It sits within Newark CRA #1 and Commercial TIF District 7-2. Conveniently located less than three minutes from Downtown Newark, with access to State Route 16 and the greater Columbus region.
The current operating model includes retail sales supported by beer and wine sales, lottery sales, and tenant income from the attached pizza and sub shop. For a buyer seeking an existing business platform with real estate included, the property offers the continuity of an operating carryout business while also allowing room for continued operation and modernization of the underlying commercial space.
Key Highlights
- Commercial building for sale with operating carryout business included
- Sale includes C1/C2 beer and wine permits plus inventory, equipment, and fixtures
- Multiple revenue sources: retail sales, beer and wine sales, lottery sales, and tenant income from the attached pizza and sub shop
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43055, OH
62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale as a combined real estate and operating carryout business with attached tenant space and beer and wine permits.
Where is this conventional restaurant located?
The property is located at 340 Mount Vernon Road Newark Newark, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Commercial building for sale with operating carryout business included; Sale includes C1/C2 beer and wine permits plus inventory, equipment, and fixtures; Multiple revenue sources: retail sales, beer and wine sales, lottery sales, and tenant income from the attached pizza and sub shop
