170 Main St, Newark, DE 19711-7318
This 875-square-foot traditional office space is ideally situated on East Main Street in Newark, Delaware, just blocks from the University of Delaware. The single-tenant unit offers a convenient lower-level location with direct access to a pleasant outdoor urban garden/lounge area. The open-concept layout includes an employee bathroom and limited off-street parking. Benefit from excellent main street frontage, providing prime opportunities for signage and visibility. This high-traffic location is complemented by three other thriving businesses within the same building, ensuring a vibrant and active environment. The property is categorized as retail, office, and restaurant space, offering versatility for a range of businesses. Located in New Castle County, Delaware, with the address 170 E Main St, Newark, DE 19711, this property presents a unique opportunity for businesses seeking a prominent location in a bustling downtown area. The property's coordinates are 39.68360683138057 latitude and -75.74610546656298 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
18BB · Newark, DENewark. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.