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337 E Main St 2,750 SF Office Building Newark, DE 19711 $775,000 ($281.82/SF)
Investment Highlights
- Ideal for professional office users, boutique firms, or specialty retailers
- Strategic location offers quick access to I-95 and regional connectivity while maintaining a walkable urban feel
- Well-maintained brick and stone facade with welcoming curb appeal
- Proximity to downtown Newark’s dining, retail, and nightlife enhances employee and customer experience
- Onsite rear parking for 14 vehicles plus convenient street parking
- Flexible interior layout with private offices, open work areas, reception and conference room
Executive Summary
Positioned along Newark’s highly trafficked East Main Street corridor, this freestanding ±2,750 SF commercial building with an additional ±1,500 SF finished lower level offers a rare opportunity to own a highly visible asset just steps from the University of Delaware and downtown Newark.
The property features a flexible layout with multiple private offices, open work areas, reception, and support space, making it well-suited for professional office users, boutique firms, or specialty retail concepts. With strong signage visibility, on-site parking, and immediate access to one of the region’s most active retail and pedestrian corridors, the property benefits from consistent foot traffic and proximity to over 24,000 students, surrounding amenities, and major transportation routes.
The property features a flexible layout with multiple private offices, open work areas, reception, and support space, making it well-suited for professional office users, boutique firms, or specialty retail concepts. With strong signage visibility, on-site parking, and immediate access to one of the region’s most active retail and pedestrian corridors, the property benefits from consistent foot traffic and proximity to over 24,000 students, surrounding amenities, and major transportation routes.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,750 SF
Building Class
C
Year Built
1935
Price
$775,000
Price Per SF
$281.82
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,025 SF
Slab To Slab
9’
Building FAR
0.22
Lot Size
0.29 AC
Zoning
BL
Parking
15 Spaces (3.7 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Attila Wings, LLC
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Attila Wings, LLC | Accommodation and Food Services | - | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 18-021.00-077 | Improvements Assessment | $255,800 |
| Land Assessment | $154,800 | Total Assessment | $410,600 |
Property Taxes
Parcel Number
18-021.00-077
Land Assessment
$154,800
Improvements Assessment
$255,800
Total Assessment
$410,600
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337 E Main St
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