391 Main St Newark, OH 43055-6533
- Specialty properties
- 0.17 lot acres
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
-
AI approach
- Method
- Estimation
- ML approach
- $200,000
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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