For Lease
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Property summary
This exceptional executive office space, totaling 2,169 square feet, is ideally situated on Newark's Main Street, offering unparalleled proximity to the University of Delaware campus. The property is part of a larger building encompassing 8,925 square feet, featuring a total of one suite. This specific suite is a two-story space, providing ample room for a variety of business needs. The layout includes five individual offices, a loft area with two generously sized rooms, a functional kitchen, and convenient bathroom facilities consisting of two half-baths and one full bath. Large windows offer excellent natural light and a captivating view of the bustling Main Street. The building itself is a Class C property, constructed in 1983, and sits on a 0.33-acre lot. Parking is available with four spaces provided. The property is zoned 18BB within New Castle County, Delaware. This presents a unique opportunity for businesses seeking a prominent location with substantial space and convenient amenities. The available space is currently vacant and ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Academic Department
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Hair Salon Nail Salon
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Research Institute
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Hair Salon
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Hair Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
18BB · Newark, DEZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 18BB in Newark, DE.
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Find the owner behind the property.
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