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Property profile & analytics

391 Main St Newark, OH 43055-6533

  • Specialty properties
  • 0.17 lot acres
OFF-MARKET
Value Estimations
$200,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-2049646
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Morgan's Decks & Fence / Fence Contractor
  • SONNYS PIZZA AND SUBS / Pizza Restaurant

Property Details for 391 Main St

Year built
2002
Lot size
0.17 lot acres
Property type
Specialty properties
APN
054-201924-00.000
APU
5420192400000

Description

This turnkey restaurant located at 391 W Main Street, Newark, Ohio, presents a compelling investment opportunity. The 1,984-square-foot building, constructed in 1983, sits on a 7,405.2-square-foot lot and is priced at $299,900 ($151.16 per square foot). Currently operating as a pizza and sub shop, the property includes all equipment: three pizza ovens, a walk-in cooler, mixer, slicer, prep tables, point-of-sale equipment, and a rear storage container (as shown in photos). The all-brick/concrete block construction ensures durability. The property boasts ample parking, high visibility, and significant car traffic. Its adaptable layout allows for potential subdivision into three separate tenant spaces, offering diverse leasing options. Expansion possibilities include increased retail space or a larger dine-in area. Note: two safes are excluded from the sale. This property offers significant potential for a new owner in a prime Newark location. The zip code is 43055.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $200,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newark
County
Licking
State
Ohio
Longitude
-82.3854
Latitude
40.0591
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4
$14,880
$2,560
$17,440
-
$42,500
$7,300
$49,800
More about this property
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