Technical
Financial
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Property profile

19 Pl Newark, OH 43055

OFF-MARKET
Investment properties
0.2 ac lot
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Property summary

AI-generated overview

This exceptional American Bistro restaurant presents a unique opportunity for a savvy investor. Located in the heart of Newark, Ohio, this well-established business boasts a proven track record of success and a loyal customer base. The restaurant is a turn-key operation, meaning it's ready for immediate ownership and operation, minimizing the need for extensive setup or renovations. The diverse menu caters to a wide range of tastes, ensuring consistent appeal to a broad customer base. A strong online presence further enhances its reach and visibility, attracting both local and out-of-town patrons. The prime location within Newark contributes significantly to the restaurant's success. Situated in an area with high foot traffic and numerous local attractions, the business benefits from a steady stream of visitors drawn to the area's vibrant community and events. This translates to consistent customer flow and strong revenue generation. The property itself sits on a 0.2-acre lot, providing ample space for outdoor seating or potential expansion. This is a rare opportunity to acquire a thriving, established restaurant with a proven business model and significant growth potential. The asking price is $260,000. Serious inquiries only.

Property profile

Verified
Property type Investment properties
Lot 0.2 ac (8,712 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19 Pl Newark, OH 43055
Newark metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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