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3 South Park Pl
Newark, OH 43055
3 S Park Pl & 22 S Third Street · Office Property For Sale


Executive Summary
A strong mixed-use investment opportunity on Newark’s downtown square, this 5,310 SF offering includes two connected buildings with income-producing space. The upper levels of both buildings connect, creating added functionality and flexibility for future use. The 3 S Park building includes a main-level tenant on a multi-year lease along with two residential units, while the 22 S 3rd building features one residential unit and one leased main-level commercial space also on a multi-year lease. Zoned Downtown Commercial, the property supports a range of retail, office, and mixed-use possibilities. Street parking is available, with public parking garages located within one block.
Downtown Newark delivers the kind of walkable, amenity-rich setting that supports both retail and office users. The location is surrounded by city and county buildings, restaurants, retail shops, professional services, and everyday conveniences, creating steady activity throughout the day. With courthouse traffic, local businesses, and downtown events nearby, the area offers strong accessibility, visibility, and long-term appeal for investors seeking a central position in Newark’s downtown core.
Downtown Newark delivers the kind of walkable, amenity-rich setting that supports both retail and office users. The location is surrounded by city and county buildings, restaurants, retail shops, professional services, and everyday conveniences, creating steady activity throughout the day. With courthouse traffic, local businesses, and downtown events nearby, the area offers strong accessibility, visibility, and long-term appeal for investors seeking a central position in Newark’s downtown core.
Property Facts
Sale Type
Investment
Property Type
Building Size
6,000 SF
Building Class
B
Year Built
1901
Price
$1,037,700 CAD
Price Per SF
$172.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,000 SF
Building FAR
6.38
Lot Size
0.02 AC
Zoning
Commercial
Property Taxes
| Parcel Number | 054-201282-00.001 | Improvements Assessment | $102,206 CAD |
| Land Assessment | $13,022 CAD | Total Assessment | $115,228 CAD |
Property Taxes
Parcel Number
054-201282-00.001
Land Assessment
$13,022 CAD
Improvements Assessment
$102,206 CAD
Total Assessment
$115,228 CAD
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