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55 W Church St 10,650 SF 51% Leased Retail Building Newark, OH 43055 $849,000 ($79.72/SF)
Investment Highlights
- 10,650 SF commercial building zoned Downtown Commercial
- Rare downtown asset with 24 private on-site parking spaces
- Built-in income with an established tenant in place
Executive Summary
Located in the heart of downtown Newark, 55 W Church Street offers strong visibility and steady foot and vehicle traffic, making it an attractive setting for retail investment. Surrounded by active businesses and civic destinations, the property benefits from a walkable environment and consistent daily activity. Its prominent street presence supports excellent storefront exposure for retail or service users seeking a recognizable address.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This 10,650 SF building offers a rare leasing opportunity with 5,200 SF available, including 2,600 SF on the main level and 2,600 SF on the second level. Zoned Downtown Commercial, the space provides excellent flexibility for retail, service, wellness, or boutique-style users. A highly desirable feature is the inclusion of 24 private on-site parking spaces, a rare advantage that adds convenience for customers and staff. Please note, no equipment shown in photos is included with the lease. This is an ideal opportunity for tenants seeking functional space with exceptional parking in a prime commercial setting. A rare downtown investment with built-in income and private parking, this 10,650 SF commercial building delivers exceptional value for buyers. The property is being sold with a tenant in place currently operating as Underground Gym, providing immediate revenue potential. Zoned Downtown Commercial, it supports long-term flexibility for future use. A standout feature is the inclusion of 24 private on-site parking spaces, an uncommon and highly desirable asset in a downtown setting. Please note, no equipment will transfer with the sale. This offering combines stability, functionality, and rarity in one compelling investment.
This 10,650 SF building offers a rare leasing opportunity with 5,200 SF available, including 2,600 SF on the main level and 2,600 SF on the second level. Zoned Downtown Commercial, the space provides excellent flexibility for retail, service, wellness, or boutique-style users. A highly desirable feature is the inclusion of 24 private on-site parking spaces, a rare advantage that adds convenience for customers and staff. Please note, no equipment shown in photos is included with the lease. This is an ideal opportunity for tenants seeking functional space with exceptional parking in a prime commercial setting. A rare downtown investment with built-in income and private parking, this 10,650 SF commercial building delivers exceptional value for buyers. The property is being sold with a tenant in place currently operating as Underground Gym, providing immediate revenue potential. Zoned Downtown Commercial, it supports long-term flexibility for future use. A standout feature is the inclusion of 24 private on-site parking spaces, an uncommon and highly desirable asset in a downtown setting. Please note, no equipment will transfer with the sale. This offering combines stability, functionality, and rarity in one compelling investment.
| Space | Size | Space Use | Position | Available |
| B | 2,600 SF | Office/Retail | In-Line | Now |
| C | 2,600 SF | Office/Retail | - | Now |
B
| Size |
| 2,600 SF |
| Space Use |
| Office/Retail |
| Position |
| In-Line |
| Available |
| Now |
C
| Size |
| 2,600 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
B
| Size | 2,600 SF |
| Space Use | Office/Retail |
| Position | In-Line |
| Available | Now |
This 10,650 SF building offers a rare leasing opportunity with 5,200 SF available, including 2,600 SF on the main level and 2,600 SF on the second level. Zoned Downtown Commercial, the space provides excellent flexibility for retail, service, wellness, or boutique-style users. A highly desirable feature is the inclusion of 24 private on-site parking spaces, a rare advantage that adds convenience for customers and staff. Please note, no equipment shown in photos is included with the lease. This is an ideal opportunity for tenants seeking functional space with exceptional parking in a prime commercial setting. A rare downtown investment with built-in income and private parking, this 10,650 SF commercial building delivers exceptional value for buyers. The property is being sold with a tenant in place currently operating as Underground Gym, providing immediate revenue potential. Zoned Downtown Commercial, it supports long-term flexibility for future use. A standout feature is the inclusion of 24 private on-site parking spaces, an uncommon and highly desirable asset in a downtown setting. Please note, no equipment will transfer with the sale. This offering combines stability, functionality, and rarity in one compelling investment.
C
| Size | 2,600 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
This 10,650 SF building offers a rare leasing opportunity with 5,200 SF available, including 2,600 SF on the main level and 2,600 SF on the second level. Zoned Downtown Commercial, the space provides excellent flexibility for retail, service, wellness, or boutique-style users. A highly desirable feature is the inclusion of 24 private on-site parking spaces, a rare advantage that adds convenience for customers and staff. Please note, no equipment shown in photos is included with the lease. This is an ideal opportunity for tenants seeking functional space with exceptional parking in a prime commercial setting. A rare downtown investment with built-in income and private parking, this 10,650 SF commercial building delivers exceptional value for buyers. The property is being sold with a tenant in place currently operating as Underground Gym, providing immediate revenue potential. Zoned Downtown Commercial, it supports long-term flexibility for future use. A standout feature is the inclusion of 24 private on-site parking spaces, an uncommon and highly desirable asset in a downtown setting. Please note, no equipment will transfer with the sale. This offering combines stability, functionality, and rarity in one compelling investment.
Nearby Major Retailers
Property Taxes
| Parcel Number | 054-202056-00.000 | Improvements Assessment | $107,490 |
| Land Assessment | $76,230 | Total Assessment | $183,720 |
Property Taxes
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55 W Church St
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