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    510 W Union St Newark, NY 14513

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    For Lease
    Contact for pricing

    Retail spaces for lease in Newark's largest commercial area.

    Property size:
    5,893 SF
    Lot size:
    1.56 Acres

    Property Features for 510 W Union St

    General Information

    Size
    5,893 SF
    Lot size
    1.56 Acres

    Source: Donovan Real Estate Services Agent Brian P Donovan

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

    Overview

    Retail Spaces in Pro-May Mall

    Two spaces are available for lease within the Pro-May Mall. One space is the former Family Dollar, situated at the back of the property. The other available space is located in the front strip building, closer to Union Road. The property is accessible from both Union Street and Miller Street. Pylon signage is available on the Wendy's pylon. The property is located within an Opportunity Zone and Newark's largest commercial area. The available space totals 5893 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant Great Wall Restaurant Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Wayne
    State
    New York
    Longitude
    -77.109434
    Latitude
    43.045939

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    FAQs

    What type of property is this?
    Shopping mall - Retail spaces for lease in Newark's largest commercial area.
    Where is this shopping mall located?
    The property is located at 510 W Union St Newark, NY.
    What are key features of this property?
    This property features: - Located in Newark's largest commercial area; - Access from Union and Miller Streets; - Pylon sign available to increase visibility
    (716) 998-2943
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    Newark, NY 14513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 W Union St Newark, NY 14513
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