2314 Glasgow Ave Newark, DE 19702
This exceptional 3,575 square foot executive office space, located at 2314 Glasgow Avenue in Newark, Delaware, presents a unique investment opportunity. Situated on a generous 1.3-acre lot, this historic building boasts significant charm and character, with documented ties to George Washington. The property features a main building spanning two floors, offering ample space for a variety of uses, including professional offices or retail operations. A detached garage building provides additional storage or workspace potential. The property's location is highly convenient, situated just off the corner of Glasgow Avenue and Route 40, ensuring excellent accessibility and visibility. Ample parking is available, catering to both employees and customers. The building includes indoor bathrooms, adding to its functionality. Adding to its unique character, the property also features a three-person outhouse, a testament to its rich history. This property is ideal for an owner-user seeking to combine historical significance with modern convenience for their business or personal residence. The asking price is $745,000, and the property is currently vacant, offering immediate occupancy. The lease type is gross. The property is zoned for retail and office use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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