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    OFF-MARKET
    Retail space

    77 Main St, Newark, DE 19711-5000

    2,973 SF 0.33 ac lot Built 1953
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US17-0121124
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1953
    Construction CONCRETE
    Total area 2,973 SF
    Lot 0.33 ac (14,375 SF)
    Zoning code 18BB
    APN 18-020.00-056
    UPID US17-0121124
    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
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    by Request
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    Owner & transaction history
    Donna J Friswell · 3 yrs held
    Donna J Friswell
    since 2023
    4 recorded transactions
    2023
    2019
    1969
    1969
    Zoning & alternative use
    18BB · Newark, DE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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