Downtown Restaurant
For Sale
$129,900
4 N Park Place, Newark, OH 43055
Business Opportunity, Newark, OH
Property SizeContact for details
Lot Size0.04 Acres
Days on Market241
Property Features for 4 N Park Place
General Information
Property type
Residential
Property subtype
Retail
Zoning description
DC
Standard status
Active
APN
054-201840-00.000
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6619
Listing Agency:
Real of Ohio
(855) 450-0442
Listed By:
Siara B Kopis · License #2015004641
(740) 475-7408
Added: Jan 13
Changed: Sep 11
Last Checked: Sep 11 at 1:06PM
MLS# 226001110
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This established restaurant business occupies a 1,800-square-foot commercial space at 4 N Park Place in downtown Newark. The sale includes commercial-grade fixtures and appliances, seating, décor, a menu, recipes, a vendor list, trained employees, and owner training. An in-store management structure is already in place, with operations partially delegated to reduce day-to-day owner involvement.
The business operates under a sublease through February 2027. The property owner is open to providing an additional two-year renewal option after the current sublease expires. The operation has four years of operating history and is positioned within a walkable downtown district surrounded by local shops, dining, and ongoing community activity.
The business operates under a sublease through February 2027. The property owner is open to providing an additional two-year renewal option after the current sublease expires. The operation has four years of operating history and is positioned within a walkable downtown district surrounded by local shops, dining, and ongoing community activity.
Key Highlights
- 1,800‑square‑foot restaurant space at 4 N Park Place in downtown Newark
- Sale includes commercial fixtures, appliances, seating, décor, menu, recipes, and vendor list
- Trained employees and owner training included with the business
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,000
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Food-service operation includes commercial equipment, furnishings, trained employees, recipes, and transition support.
Where is this conventional restaurant located?
The property is located at 4 N Park Place Newark, OH.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 1,800‑square‑foot restaurant space at 4 N Park Place in downtown Newark; Sale includes commercial fixtures, appliances, seating, décor, menu, recipes, and vendor list; Trained employees and owner training included with the business
