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Property profile & analytics
OFF-MARKET
Retail space

423 Broad St Middletown, DE 19709-1092

3,774 SF 0.29 ac lot Built 1916
Individually Owned
Property ID
US17-0148086
Property summary
AI-generated overview

This exceptional 10,166 square foot retail space is ideally situated at 423 N. Broad Street in Middletown, Delaware, within the vibrant 23C-2 Downtown Commercial zoning district. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of commercial ventures. The entire building is currently vacant, presenting a unique opportunity for a business seeking immediate occupancy. The generous lot size of 0.29 acres provides ample space for potential expansion or outdoor amenities. Located in New Castle County, this property benefits from excellent visibility and accessibility, making it an attractive location for businesses seeking high foot traffic and convenient access for customers. The address, 423 N. Broad St, Middletown, DE 19709, places the property within a thriving commercial area, offering significant potential for growth and success. The property's size and zoning make it suitable for a variety of retail uses, subject to local regulations and approvals. This is a rare opportunity to secure a substantial retail space in a desirable location. Interested parties are encouraged to act quickly. The property is available for lease.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1916
Construction CONCRETE
Total area 3,774 SF
Lot 0.29 ac (12,632 SF)
Zoning code 23C-2
APN 23-005.00-062
UPID US17-0148086
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
Current use
Occupant on record · Public records
  • Pacifica Commercial Lending Loan Service
  • 1861 Southern Kitchen . Bourbon Bar Restaurant
  • Eco Centric Salon & Spa Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Flavee Banfield
Flavee Banfield
since 2026
5 recorded transactions
2026
Price N/A
2025
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
23C-2 · Middletown, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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