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Newark Emergency Bldg 324 E Main St

18,000 SF 100% Leased Office Building Newark, DE 19711 $2,300,000 ($128/SF)

Medical Offices Delaware Newark 324 E Main St, Newark, DE 19711

Investment Highlights

  • The property can be multi-tenanted ideally setup for an owner/user or investor.
  • Direct ingress/egress off Main St.
  • Rarely Available stand-alone medical office building
  • 2nd floor is elevator-served with multiple entrances and complete ADA access

Executive Summary

12,000 SF medical office building on Main St. in downtown Newark in the heart of the University of Delaware Campus, Plus 6,000 SF finished basement. The property can be multi-tenanted ideally setup for an owner/user or investor; Currently 65% occupied. Currently +/- 4,500 SF available to a user on the 2nd floor.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,000 SF
Building Class
B
Year Built
1980
Price
$2,300,000
Price Per SF
$128
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,000 SF
Slab To Slab
9’
Building FAR
0.54
Lot Size
0.77 AC
Zoning
BB - Central Business District – Mixed use district able to accommodate commercial, residential and institutional use
Parking
49 Spaces (2.72 Spaces per 1,000 SF Leased)

Links

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Walk Score ®
Very Walkable (84)
Bike Score ®
Biker's Paradise (91)
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Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 18-021.00-010 Improvements Assessment $783,700
Land Assessment $100,700 Total Assessment $884,400

PROPERTY TAXES

Parcel Number
18-021.00-010
Land Assessment
$100,700
Improvements Assessment
$783,700
Total Assessment
$884,400
(302) 221-7212

Contact

  • Listing ID: 31939861

  • Date on Market: 5/28/2024

  • Last Updated:

  • Address: 324 E Main St, Newark, DE 19711

More public record information on 324 E Main St, Newark, DE 19711

The Office Property at 324 E Main St, Newark, DE 19711 is currently available for sale. Contact NAI Emory Hill for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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324 E Main St, Newark, DE for sale Building Photo- Image 1 of 7
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324 E Main St, Newark, DE for sale Building Photo- Image 2 of 7
Photo May 01 2024, 4 25 08 PM
324 E Main St, Newark, DE for sale Building Photo- Image 3 of 7
Photo May 01 2024, 4 25 08 PM _3_
324 E Main St, Newark, DE for sale Building Photo- Image 4 of 7
Photo May 01 2024, 11 19 24 AM
324 E Main St, Newark, DE for sale Building Photo- Image 5 of 7
Photo May 01 2024, 11 19 33 AM
324 E Main St, Newark, DE for sale Building Photo- Image 6 of 7
324 E Main site plan cropped

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Newark Emergency Bldg | 324 E Main St
(302) 221-7212 x

Newark Emergency Bldg | 324 E Main St

Richard Dudek

(302) 221-7212

(302) 221-7212

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