55 W Church Street, 1, Newark, OH 43055
$849,000
Property Type:
Commercial Lease
Square Footage:
10,650
Lot Size (sq. ft.):
19,602
Status:
Active
Current Price:
$849,000
List Date:
1/21/2026
Last Modified:
1/21/2026
Overview
Description
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.
Listing Details MLS# 226001997
Location Property Info
- Original List Price
- 849000
- Property Sub Type
- Retail
- Street #
- 55
- Street PreDirection
- W
- Street Name
- Church
- Street Suffix
- Street
- Unit/Suite #
- Yes
- County
- Licking
- State
- OH
- Zip Code
- 43055
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-01-21
General Property Info
- Total SqFt Available
- 10650
- Bldg Sq Ft
- 10650
- Max Cont Sqft Avail
- 5200
- Minimum Sqft Avail
- 2600
- # of Floors Above Gr
- 2
- Total Parking
- 24
- Lot Size (Side)
- 198
- Acreage
- 0.45
- # of Docks
- 0
Tax Info
- Parcel #
- 054-202056-00.000
- Zoning
- Commercial
- Mult Parcels/Sch Dis
- No
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 8128
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 79.72
- City (Mailing Addr)
- Newark
- Corp LimitPerAuditor
- Newark
More Information
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- Yes
- Lease Rate $/Sq Ft
- 10
Remarks & Misc
- Property Description
- 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.
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Shai-Hess Commerical Real Estate, LLC
Listing Agent:
Joseph Gebhart
Last Updated: January - 21 - 2026
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