33 Main StNewark, OH 43055

Property Details for 33 Main St

Year built

1900

Lot size

0.46 AC

Property size (Sq ft)

24,240 SF

Property type

Office buildings

APN

054-203388-00.000

APU

5420338800000

Description

33 West Main Street in Newark, Ohio, presents a fantastic opportunity for businesses seeking traditional office space. This multi-tenant building offers a total of 32,000 square feet, with flexible lease options available. Individual suites range from a minimum of 450 square feet, allowing for businesses of various sizes to find a suitable fit. The building is located at a prominent address in the heart of Newark, offering excellent visibility and accessibility. The property is classified as a traditional office building, providing a classic and professional work environment. Currently, there is at least one available space, though the exact number and sizes of available units may vary. The building's location in Licking County provides easy access to local amenities and transportation networks. Interested parties are encouraged to inquire about current availability and lease terms. The address is 33 West Main Street, Newark, Ohio, 43055. This is an excellent opportunity to establish a presence in a thriving Ohio community. The building's size and layout offer a versatile solution for businesses seeking a professional and convenient workspace. Further details regarding lease terms and available space can be provided upon request. Don't miss this chance to secure your ideal office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,609,894

  6.5%

  $4,255,286

  7%

  $3,951,338

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,267,410

  Geo Method

  $2,267,410

• Alternative Use

  Use

  Valuation

  Residential

  $5,276,555

  Hospitality

  $4,833,296

  Educational

  $4,021,246

  Medical

  $4,159,542

  Retail

  $6,255,271

Location Insight

City

Newark

County

Licking

State

Ohio

Latitude

40.0569

Longitude

-82.4037

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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