168 E Main St, Newark, DE

Listing office LMT Commercial Realty / CORFAC International Show Phone

Listing date Oct 2, 2024

Source Moodyscre

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Overview

This is a restaurant property for sale featuring all new furniture, fixtures, and state-of-the-art kitchen equipment included in the sale price. The lease, initiated in 2021, extends until January 31, 2031. The current monthly rent is $9,892, with annual increases of 2%. The property size is 3,648 square feet. The sellers are willing to train a new owner upon an executed agreement of sale and for two weeks after settlement. The property is located on Main St in Newark, DE.

Map

City

Newark

County

New Castle

State

Delaware

Longitude

-75.7463

Latitude

39.6839

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FAQs

What type of property is this?

Restaurant - Fully equipped restaurant with favorable lease terms for sale.

Where is this restaurant located?

The property is located at 168 E Main St Newark, DE.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: Lease in place until 1/31/31; All brand new furniture, fixtures, and state‑of‑the‑art kitchen equipment included; Monthly rent is $9,892