For Sale
$849,000

55 Church St Newark, OH 43055

Multi-use building, high visibility

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property, located at 55 W Church Street in the heart of Newark, Ohio, presents a unique investment opportunity. The 10,650 square foot, two-story building sits on a 0.23-acre lot and boasts numerous recent updates. The ground floor currently features a restaurant space and The Underground Gym, which is available for purchase separately or as a continuing tenant. The second floor includes an entertainment area and a one-bedroom apartment, adding to the property's versatility. Benefiting from its location within the Special Improvement District (SID), this high-visibility property enjoys excellent street frontage surrounded by banks, restaurants, entertainment venues, and retail businesses. Ample parking is available, including both storefront and off-street spaces within the property's parcel. The property's strategic location provides easy access to major roadways, including State Routes 16, 161, 40, and 79, as well as Interstates 70 and 270. The thriving city of Newark offers significant growth potential, making this property adaptable to a wide range of commercial uses. The asking price for this multi-use building is $849,000.

Highlights

  • Asking price: $849,000
  • Property type: Commercial land, 0.23 acres, 10,650 square feet
  • Multi-tenant building with restaurant space, gym (available for purchase or lease), and second-floor apartment.
  • Located in downtown Newark, OH, high visibility, near banking, entertainment, and retail.
  • Excellent access to major roadways (SR 16/161/40/79 and I-70/270).

Property Details for 55 Church St

Property type
Specialty properties, Land
Square Feet
10,650 SF
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Newark
County
Licking
State
Ohio
Latitude
40.0580887
Longitude
-82.4053552

FAQs

What type of property is this?
Specialty property - Multi-use building, high visibility
Where is the specialty property located?
The property is located at 55 Church St Newark, OH.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Asking price: $849,000; Property type: Commercial land, 0.23 acres, 10,650 square feet; Multi-tenant building with restaurant space, gym (available for purchase or lease), and second-floor apartment.
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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55 Church St
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