324 E Main St

324 E Main St Newark, DE 19711

324 E Main St, Newark, DE, 19711
324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711 324 E Main St, Newark, DE, 19711
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,400,000
Last Verified:
Sep 30, 2024

Daily Email Blast
0 times


Highlights

  • Rarely Available stand-alone medical office building
  • Zoning: BB- Central Business District – Mixed use district able to accommodate commercial, residential and institutional uses
  • .77 acre lot
  • Parking for 49 vehicles off-street, plus metered street parking.
  • Direct ingress/egress off Main St.
  • 2 story Masonry/Steel building
  • The property can be multi-tenanted ideally setup for an owner/user or investor.
  • Currently +/- 4,500 SF available on 2nd floor.
  • 2nd floor is elevator-served with multiple entrances and complete ADA access
  • Currently at 65% occupancy:
  • 1st floor currently rented to anchor tenant, Newark Emergency Center which occupies 6,000 SF with long-term lease in place.
  • 2nd floor currently occupied by a podiatrist, but in the past held several practices

Description

The property can be multi-tenanted ideally setup for an owner/user or investor.
Price Reduced! $2,500,000

Easy access into and out of Newark, Delaware but still walking distance to downtown and in the heart of the University of Delaware campus.


Year Built: 1983
Building Size: 12000sq ft
Building Class: B
Lot Size: 0.77 acres


Documents

Sale Brochure

Map of 324 E Main St, Newark, DE, 19711

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.