423 Broad St Middletown, DE 19709-1092
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.
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Pacifica Commercial Lending Loan Service
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1861 Southern Kitchen . Bourbon Bar Restaurant
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Eco Centric Salon & Spa Home Decor Store Department Store
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
23C-2 · Middletown, DECosts & 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.