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Flexible Office Units with Elevator Access
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261 E Main St, Newark, DE 19711

Two-level commercial space supports office, medical, or retail uses.

Property Size5,000 SF
Price / SF$0.01
Days on Market2

Property Features for 261 E Main St

General Information

Standard status Active
Size 5,000 SF
Class B
Total Parking Spaces 4
Elevators Yes
Property subtype Office
Lease Term MG

Additional Details

Floor Ground Level and Lower Level

Amenities

elevator access

Building Details

Building Size 5,000 SF
Year Built 1987

Properties For Sale

at 261 E Main St Contact us

263 East Main Street

Size
2,500 SF
Term
Negotiable
Contact us

263 East Main Street

Size
5,000 SF
Term
Negotiable
Contact us
Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Chris Moore, CCIM
Source: Corfac
Added: Sep 18 Last Checked: Sep 19 at 6:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LMT Commercial Realty / CORFAC International

Investment Insights

Based on property information with market context.

This office property provides a two-level configuration with approximately 2,500 square feet on the ground floor and another approximately 2,500 square feet at the lower level. Elevator access connects the lower level, supporting a range of office, medical, and retail applications. The space can accommodate approximately 2,500 to 5,000 square feet depending on configuration and operational requirements.

The property is located at 261 E Main St in Newark, Delaware, within the University of Delaware and downtown district. Shops, restaurants, and services are nearby, with vehicle and pedestrian activity along East Main Street. Four off-street parking spaces are located behind the building, with additional spaces available. Constructed in 1987, the property offers adaptable commercial space in a two-level layout.

Key Highlights

  • Approximately 2,500 SF ground level plus an additional approximately 2,500 SF lower level
  • Space configuration accommodates approximately 2,500 SF up to 5,000 SF
  • Elevator access serves the lower level

Property Analytics

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Current Use

Shamrock Printing Co Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Spa & Massage Center Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

Demographics for 19711, DE

48,477
Population
20,617
Households
2.4
Avg Household Size
37
Median Age
53%
College-Educated
95%
High-School Grad
27.4 sq mi
ZIP Area
1,769
Density / Sq Mi
$94,455
Median Household Income
$43,790
Median Earnings
$1,516
Median Rent
$376,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two-level commercial space supports office, medical, or retail uses.
Where is this office units located?
The property is located at 261 E Main St Newark, DE.
What are key features of this property?
This property features: Approximately 2,500 SF ground level plus an additional approximately 2,500 SF lower level; Space configuration accommodates approximately 2,500 SF up to 5,000 SF; Elevator access serves the lower level
More about this property
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