606 W Church St Newark Newark, OH 43055
This exceptional mixed-use property, located at 606 W Church Street in Newark, Ohio, presents a unique investment opportunity. The 3,102 square foot building sits on a 0.51-acre lot and boasts a rich history as a well-established local pub. With the recent reopening of the Church Street bridge, traffic flow in this desirable area has significantly increased, creating a prime location for a variety of commercial ventures. The building's versatile layout offers considerable potential for redevelopment, making it suitable for a range of uses beyond its previous function as a bar and restaurant. Imagine transforming this established space into a thriving restaurant, a trendy bar, or even exploring other creative commercial concepts. The property's prominent location and high visibility ensure excellent exposure to a large customer base. The substantial square footage provides ample room for customization and expansion, allowing for the creation of a truly unique and successful business. This is a rare chance to acquire a well-positioned property in a revitalizing area of Newark, offering significant upside potential for the right investor or entrepreneur. The asking price is $275,000. Don't miss this chance to own a piece of Newark's history and shape its future. Serious inquiries only.
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.