4 N Park Place Newark, OH $ 129,900
4 N Park Place
$ 129,900
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4 N Park Place

Newark, OH, 43055
$ 129,900
Bedrooms-- Baths--

Monthly Estimate*

$ 800

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Commercial Property for sale in Newark, OH

for $129,900. The lot size is 0.04.

Established Business Opportunity in the Heart of Downtown Newark. Rare opportunity to acquire a profitable, turn-key retail food business located in one of downtown Newark's most vibrant and walkable districts. This 1,800 sq ft commercial space showcases timeless architecture and historic charm, perfectly positioned among local shops, dining, and year-round community activity. The business offers four years of clean operating history with consistent revenue growth, increasing from approximately $258,000 in 2022 to $430,000 in 2025. The sale includes commercial-grade fixtures and appliances, seating, décor, menu, recipes, trained employees, vendor list, and comprehensive owner training, providing a seamless transition for new ownership. Operations are already partially delegated, with limited owner involvement and an established in-store management structure—making this an excellent opportunity for an owner-operator or an investor looking to build upon a proven foundation. The business operates under a sublease agreement through February 2027, with the property owner open to offering an option to renew for an additional two years following the sublease expiration. A truly exceptional chance to step into an established, growing business in one of Newark's most desirable downtown locations.

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Commercial Active

Price

$ 129,900

Property Type

Commercial

Taxes

$ 6,619

Style

Lot Size

0.04

Town/City

Newark

County/Region

Licking

MLS | Web ID

226001110

Features
General
Township None
Property Subtype Retail
Tax Year 2024
Gross Income 327000.0
County Licking
Net Operating Income 132800.0
Operating Expense 194200.0
Property Type Business Opportunity
Status Active
City Newark
Zoning Description DC
Lot Size Square Feet 1742.4
Land Lease Y/N N
Tax Annual Amount 6619.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Lot Size Area 0.04
Spa N
Lot Size Acres 0.04
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 4
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* Excluded Features
List By
Siara B Kopis

Listing Agent

Real Of Ohio

Broker

siararealestate@gmail.com

Email

Affordability Calculator

$1,351
Per Month
59%
41%
0%
Monthly Principal & Interest
$800
Monthly Property Taxes
$552
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$129,900 Listed Price

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4 N Park Place, Newark, OH, 43055 is a Commercial Property for sale at $129,900 with a lot size of 0.04. The property's zip code is 43055 which is in Newark, OH