324 Main St Newark, DE 19711-7148

This exceptional three-story medical office building, situated at 324 E Main St in Newark, Delaware, presents a compelling investment opportunity. Boasting 15,200 square feet, the property is currently anchored by a long-term tenant, the Newark Emergency Center. The building, constructed in 1983, sits on a 0.77-acre lot and offers 49 parking spaces, ensuring ample convenience for both staff and patients. The building's zoning is designated as BB, providing flexibility for future development. The asking price is $2,300,000, translating to $151.32 per square foot. The strategic location on Main Street in Newark, Delaware, offers excellent visibility and accessibility, benefiting from its proximity to the University of Delaware. The property's configuration presents a unique opportunity for a medical professional seeking to establish or expand their practice by occupying some of the upper-floor suites. Additionally, the building's layout presents the potential for partial conversion to residential apartments on the second floor, subject to necessary approvals and permits. This property offers a blend of established income and significant upside potential, making it an attractive investment in a thriving Delaware community.