597 E Main Street

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597 E Main Street

Newark, OH 43055
Asking Price
Contact for price
Asset Type
Bar Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 597 E Main Street in Newark, Ohio
  • Retail property measuring 2,400 total square feet
  • Current configuration functions specifically as a bar
  • Positioned within a busy Licking County commercial corridor
  • Adaptable layout suitable for diverse retail business uses

What's Special

This 2,400 square foot retail property sits at 597 E Main Street in Newark, Ohio, and is currently configured as a bar. The asset provides a functional layout suitable for ongoing bar operations or alternative retail uses within the local commercial corridor. Newark serves as a key industrial and commercial hub within Licking County, benefiting from its proximity to the broader Columbus metropolitan economy. The surrounding area features established residential neighborhoods and accessible retail infrastructure, positioning this property to serve the immediate local population. Investors and business owners will find this location offers practical visibility along a primary transit route through the city. The asset represents a straightforward opportunity for those looking to acquire a manageable retail footprint in a growing suburban market. Its current buildout supports immediate use for hospitality, though the space remains adaptable for various service-oriented enterprises seeking a visible presence in the Newark submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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