You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Retail residential properties

250 E Main St Newark, DE 19711

17,610 SF 3.36 ac lot Built 2012
Entity Owned 10-yr Hold Free & Clear
Property ID
US17-0152156
Property summary
AI-generated overview

This exceptional retail or office space, formerly a thriving restaurant, presents a unique opportunity in Newark, Delaware. Located at 250 S Main St, 19711, within the vibrant Rittenhouse Station Student Housing Complex, this property boasts high visibility and exceptional foot traffic. The space offers a flexible layout ranging from 3,000 to 7,853 square feet, perfect for a variety of businesses. Its previous use as a popular restaurant and bar demonstrates its proven potential. The landlord is willing to adapt the space to suit the needs of a new tenant, whether it be general retail or traditional office use. Benefit from the strong demographics of the University of Delaware campus location, with over 18,845 vehicles passing daily. Convenient off-street parking is also available. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving student-centric environment. The property is a single-tenant space, offering complete control and flexibility. Don't miss this chance to establish your business in a prime Newark location.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2012
Construction CONCRETE
Total area 17,610 SF
Lot 3.36 ac (146,362 SF)
Zoning code 18BB
APN 18-025.00-141
UPID US17-0152156
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.21M
Blend (final) Blend
$5.14M
Owner & transaction history
Bvshssf Newark LLC · 10 yrs held
Bvshssf Newark LLC
since 2015
5 recorded transactions
2015
Price N/A
2013
Price N/A
2010
$5.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
18BB · Newark, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message