For Sale
$299,900

391 Main St Newark, OH 43055

Established Restaurant, Fully Equipped, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
135
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.

Highlights

  • $299,900 asking price for this 1,984 SF retail restaurant.
  • Turnkey restaurant with all equipment included (excluding safes).
  • 1,984 SF net rentable area on a 7,405.2 SF lot.
  • Located at 391 W Main Street, Newark, OH 43055.
  • Built in 1983.
  • $151.16 price per square foot.

Property Details for 391 Main St

Property type
Retail properties, Restaurants
Square Feet
1,984 SF
Year Built
1983

Location Insight

City
Newark
County
Licking
State
Ohio
Latitude
40.0541747
Longitude
-82.4174824

FAQs

What type of property is this?
Retail property - Established Restaurant, Fully Equipped, High Visibility
Where is the retail property located?
The property is located at 391 Main St Newark, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: $299,900 asking price for this 1,984 SF retail restaurant.; Turnkey restaurant with all equipment included (excluding safes).; 1,984 SF net rentable area on a 7,405.2 SF lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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391 Main St
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