Property summary
This mixed-use property, located at 369 E Main St, Newark, OH, presents a unique investment opportunity. Situated on a 0.08-acre lot, the building boasts a prime location just off State Route 16 at Cedar Street, ensuring high visibility and accessibility. Previously utilized as a restaurant and later a gaming room, this adaptable space offers immense potential for a variety of commercial ventures. The building's history suggests a flexible layout capable of accommodating diverse business needs. Its strategic location within Newark, OH, provides access to a substantial customer base and ample foot traffic. The property's size and configuration are ideal for entrepreneurs seeking a well-positioned establishment with significant redevelopment potential. The asking price of $199,900 makes this an attractive proposition for investors looking for a strong return on investment in a thriving Ohio market. The property's versatility, coupled with its excellent location, makes it an exceptional opportunity for those seeking a profitable commercial venture. Further investigation into zoning regulations and potential uses is encouraged. Serious inquiries are welcome.
Property profile
VerifiedCap rate & NOI
Current use
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Gambling House
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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