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112 Capitol Trl Newark, DE 19711

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For Sale
$799,000

Stately stone office, high visibility, ample parking.

Property size:
1,800 SF

Property Features for 112 Capitol Trl

General Information

Property type
Office properties & Spaces
Square Feet
1,800 SF
Lot Size
81,457 SF

Building Details

Year Built
1918

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Listing Contact
Corey J Harris

Listing Agency: CROWN HOMES REAL ESTATE Listing Agent: Corey J Harris

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 1,800 square foot office building, situated on a 1.87-acre lot at 112 Capitol Trail in Newark, Delaware, presents a unique investment opportunity. The property boasts a stately stone faГ§ade and enjoys a highly desirable location within walking distance of the University of Delaware campus, ensuring excellent visibility from the busy Kirkwood Highway. Currently configured as an office space, the building's zoning allows for a diverse range of uses, including doctor's offices, lawyer's offices, medical clinics, social clubs, and financial offices. Ample parking is available on-site, catering to both staff and clients. The property's significant land area offers considerable potential for future development. Previous preliminary approvals indicate the feasibility of a multi-family or student housing project, with plans potentially accommodating eight apartments or two quadplexes. This versatile property combines the immediate benefits of a well-located office building with the exciting long-term prospects of potential expansion or redevelopment. The asking price is $799,000. This is a rare opportunity to acquire a substantial property in a thriving area with significant upside potential. Serious inquiries are encouraged.
Property Profile Location Intelligence

Current Use by Public Records

Kisbu LLC Big Box & Wholesale Store Growth Proton Advertising Agency White Prompt (Bike/Boat/Book/etc) Store Growbally Training Center Famoid (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Newark
County
New Castle
State
Delaware
Longitude
-75.68691
Latitude
39.70665

FAQs

What type of property is this?
Office property - Stately stone office, high visibility, ample parking.
Where is this office property located?
The property is located at 112 Capitol Trl Newark, DE.
What is the asking price?
The asking price for this property is $799,000.
More about this property
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