Business at 304 S College Street, Newcomerstown
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$325,000

304 S College Street
Newcomerstown, OH 43832
Listed by Cheryl K Hogue · RE/MAX Crossroads Properties
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1965

About this home

INVESTMENT OPPORTUNITY! Long term tenants occupy this 3 unit investment property located in a very high traffic area. Great visibility. The building sits adjacent to a well established drive thru and The Village of Newcomerstown Mayor's Office. Reisbeck's Food Market is one step over. The downtown area is just 2 blocks away. The property currently has an income of $2,100/mo. All 3 tenants have leases through September 2028. Tenants pay all utilities, separate meters. There is ample parking in the front of the building as well as alley bound access for employee parking and shipments. Owner pays taxes and insurance. The building has been owned by the same owners since 1989. It has been a great property. Now is the time for you to reap the benefits. These properties are rarely available. Make it your first investment property or add it to your current portfolio.

Property details

MLS
NOWDD
MLS #
5212159
Property type
Business
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
May 27, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.31 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
East Elementary School
0.1 mi away · Grades 0-1
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
123
Student:teacher ratio
17.6:1
District
Newcomerstown Exempted Village
Middle
Newcomerstown Middle School
0.42 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
238
Student:teacher ratio
14.9:1
District
Newcomerstown Exempted Village
High
Newcomerstown High School
0.69 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
225
Student:teacher ratio
12.5:1
District
Newcomerstown Exempted Village

Walkability

Blended score for Newcomerstown's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

64
Walkable
out of 100
EPA National Walkability Index
11.5 / 20 -- Above average walkable
Google Places amenity density
73 / 100
Restaurants & cafes11
Grocery stores3
Parks1
Schools3
Transit stops0
Pharmacies2

Market position

How this listing compares to current activity in Newcomerstown, from live MLS data.

On the market 0 days -- 36 fewer days than Newcomerstown's current average of 36 days.
For reference, the median list price across 34 active listings in Newcomerstown right now is $172,400.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$2,107/mo
$65,000 down
$260,000 loan
Principal & interest$1,686
Property tax (est.)$271
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated May 27, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.