8320 Painter Run Road NE, Newark, OH 43055

$1,449,000
Property Type: Commercial Square Footage: 11,351 Lot Size (sq. ft.): 1,860,448 Status: Active
Current Price: $1,449,000 List Date: 1/03/2025 Last Modified: 1/05/2025

Description

Have you ever dreamed of owning and operating a stunning wedding venue? Now's your opportunity to make that dream a reality. Nestled in the rolling hills of Licking County, Highland Hills offers 42 acres of serene beauty, complete with a fully operational wedding venue and Airbnb. This one-of-a-kind property is more than just a business—it's a lifestyle of natural beauty and charm, where you can host unforgettable events and enjoy the quiet luxury of country living. A Unique, Fully-Operational Venue: Located in a picturesque valley, Highland Hills boasts 4 barns, 3 spring-fed ponds (complete with a spring house and creek), and expansive hiking trails. The property also offers excellent hunting, making it a nature lover's paradise. The sellers have put all income into improvements.

Supplements: ********

More Information MLS# 225000042

Location & Property Info

List Price/SqFt: 127.65 City (Mailing Addr): Newark Corp LimitPerAuditor: None

Office/Contract Info

Active on MLS: 2025-01-03 For Sale: Yes Exchange: No For Lease: No Lease Rate $/Sq Ft: 0

General Property Info

Previous Use: Wedding Venue Total SqFt Available: 11351 Bldg Sq Ft: 11351 Max Cont Sqft Avail: 11351 Minimum Sqft Avail: 11351 Total Parking: 60 # of Docks: 0 Lot Size (Side): 1825 Use Code: 101 - CASH (GRAIN/GENERAL) FARM # of Floors Above Gr: 1 Year Built: 2019 Acreage: 42.71

Tax Info

Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 014-032382-05.003 Tax Abatement: No Taxes (Yrly): 6434.26 Tax Incentive: No Parcel #: 014-032382-01.000 Tax Year: 2024

Remarks & Misc

Property Description: Have you ever dreamed of owning and operating a stunning wedding venue? Now's your opportunity to make that dream a reality. Nestled in the rolling hills of Licking County, Highland Hills offers 42 acres of serene beauty, complete with a fully operational wedding venue and Airbnb. This one-of-a-kind property is more than just a business—it's a lifestyle of natural beauty and charm, where you can host unforgettable events and enjoy the quiet luxury of country living. A Unique, Fully-Operational Venue: Located in a picturesque valley, Highland Hills boasts 4 barns, 3 spring-fed ponds (complete with a spring house and creek), and expansive hiking trails. The property also offers excellent hunting, making it a nature lover's paradise. The sellers have put all income into improvements.

Income/Expenses

Gross Income: 67487.2 Net Operating Income: 21154.15 Total Expenses: 46333.05

Addl Acceptance Cond

None Known: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Construction

Frame: 1

Heat Fuel

Other: 1

Water Source

Well: 1

Services Available

Electricity Available: 1

Heat Type

Forced Air: 1

Electric

Single Phase: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1

Sprinkler

None: 1

Business Type

Arts and Entertainment: 1 Farm: 1 Residential: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1449000 List Price: $1,449,000 Property Sub Type: Mixed Use Street #: 8320 Street Name: Painter Run Street Suffix: Road Street PostDirection: NE County: Licking State: OH Zip Code: 43055 Township: Fallsbury

OfficeContract Info

Status: Active MLS Entry Date: 2025-01-01

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Other Heat Type: Forced Air Electric: Single Phase Water Source: Well Services Available: Electricity Available Construction: Frame Sprinkler: None Business Type: Arts and Entertainment; Farm; Residential New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Kaufman Realty & Auctions
Listing Agent: Jonathan W Collins
Last Updated: January - 05 - 2025
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