55 Church St Newark, OH 43055-5013
This exceptional mixed-use property, located at 55 Church Street in Newark, Ohio, presents a compelling investment opportunity. The building boasts a substantial 10,650 square feet of space, offering significant potential for a variety of commercial ventures. Its mixed-use zoning allows for flexible development and adaptation to suit diverse business needs. The property sits on a lot with no acreage specified, making it ideal for a business requiring convenient access and minimal land maintenance. The asking price is $849,000, representing a strong value proposition in the Newark commercial real estate market. This location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving community. The building's substantial square footage provides ample space for expansion or division into multiple units, catering to a range of business models. Given its size and versatile zoning, this property is well-suited for a variety of uses, from retail and office space to light industrial or service-based businesses. Serious inquiries are encouraged to explore the full potential of this remarkable investment opportunity in the heart of Newark. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Further details regarding the building's layout and internal specifications are available upon request. Don't miss this chance to acquire a significant commercial property in a desirable location.
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Underground Gym Gym & Fitness Center
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Knockout Smoothie Cafe Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.