76 Wilson St - Restaurant FOR SALE


Newark, OH 43055- Downtown Newark
$395,000 USD
614-896-0593
76 Wilson St, Newark, OH for Sale
$395,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

76 Wilson St
Newark, OH 43055
Downtown Newark


HIGHLIGHTS

  • Sale includes FF&E, Liquor license
  • Full Commercial Kitchen
  • 1/2 mile from Newark Station
  • 1/2 mile distance to interchange

OVERVIEW

Turnkey bar and restaurant opportunity located at the corner of Wilson and 6th Street in the heart of downtown. Priced at $395,000, this 1,856 square foot single-story building with a basement sits on a 0.04-acre lot and includes three additional parcels—one directly behind the building and two located across the street—totaling 0.24 acres. Built in 1920, the property retains its historic charm, featuring a stunning, early 1900s handcrafted Victorian bar and backbar as its centerpiece. The sale includes all furniture, fixtures, and equipment, along with a liquor license, offering a truly turnkey opportunity for either an investor or an owner-user. The building is zoned DC (Downtown Commercial District) and is situated within a designated Community Investment Area, making it potentially eligible for a 12 to 15-year tax abatement. The property includes four on-site parking spaces, with room to expand parking on the additional parcels. Annual taxes for 2024 were just $1,566. The space also boasts a full commercial kitchen, making it ready for continued bar or restaurant use. Located just half a mile from Newark Station and the nearby highway interchange, this highly visible corner location offers excellent accessibility and future growth potential.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

DC

APN/PARCEL ID

054-201738-00.000,054-206718-00.000,054-207282-00.000,054-215790-00.000

ASK ABOUT THIS PROPERTY

Andrea BameBerkshire HathawayMore Info
614-896-0593

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Andrea BameBerkshire HathawayMore Info
614-896-0593

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.