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33 N 3rd St
Newark, OH 43055
The Arcade mixed use town center · Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.73 AC |
| Property Type | Multifamily | Building Size | 67,500 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Low-Rise | Year Built | 1909 |
| Building Class | B | ||
| Zoning | Downtown Commercial | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.73 AC |
| Building Size | 67,500 SF |
| No. Stories | 4 |
| Year Built | 1909 |
| Zoning | Downtown Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
ABOUT 33 N 3RD ST , NEWARK, OH 43055
Marcus & Millichap is pleased to present for purchase this historic indoor mall in Newark, Ohio. The Arcade is a mixed use shopping center in excess of 45,000 square feet, offering three bars and 14 total retail spaces. In addition to the 14,000 square feet of 1st floor retail space, there is approximately 20,000 rentable square feet of office and multi-family space to rent or redevelop. 2,000 of that square feet is currently occupied with apartment tenants, while the remainder is ready for restoration. That 20,000 rentable square feet is currently divided into 10 separate multi-family units, but could be made into 20 spaces depending on the configuration. Positioned in the heart of downtown Newark, this .73 acre parcel has points of ingress & egress from 3 streets. Adjacent to Chase Bank’s drive through retail location and office tower, The Arcade offers immediate access to Rt. 13, the main thoroughfare to Rt. 16, 79, & I-70. Retailers in the immediate area include McDonald’s, Wendy’s, UDF, Mobil, Huntington Bank, PNC Bank, & H&R Block in addtion to Chase. A Huntington Bank is directly across the street, with the Licking County Courthouse nearby.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $552,580 | |
| Land Assessment | $94,710 | Total Assessment | $647,290 |
PROPERTY TAXES
