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Property profile & analytics
OFF-MARKET
Turn key restaurants

369 Main St Newark, OH 43055-6581

1,036 SF 0.1 ac lot Built 1969
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-2401294
Property summary
AI-generated overview

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
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 1,036 SF
Lot 0.1 ac (4,356 SF)
APN 054-201528-00.000
UPID US66-2401294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chances 'r' Gambling House
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
369 Main LLC · 3 yrs held
369 Main LLC
since 2023
2 recorded transactions
2024
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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