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Executive Summary

The owner/occupant has closed up their business and will be moving out upon complete of the sale.
Square footage of the building is between 7,000-9,000. Part of the building has a 2nd floor, part of the building has a mezzanine.
Two gated entries! Largest property on Albe Drive! Easily Access for Tractor Trailers! Very In Demand. Get planning and approval to build 24-26 garages along back property line and rake the money in!
Cash Buyer
OR
OWNER FINANCE OPTION with 50% or more down
Similar property recently sold for 2 million a couple miles away on 2 acres with a 4,000 SQ ft building on a dead end road with a very difficult entrance, no foot traffic and no business exposure.
Dirt pile is being hauled out daily. Property will be delivered to new owner with entire yard space usable.

Property Facts

Price $2,150,000
Price Per SF $252.94
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront
  • Showroom
  • Industrial Service
Building Class C
Lot Size 1.87 AC
Rentable Building Area 8,500 SF
No. Stories 1
Year Built/Renovated 1985/1997
Tenancy Single
Parking Ratio 1.76/1,000 SF
No. Drive In / Grade-Level Doors 3
Zoning I - Industrial

Amenities

  • Signage
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
09-037.00-098
Land Assessment
$74,800
Improvements Assessment
$53,800
Total Assessment
$128,600
  • Listing ID: 39871579

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 69 Albe Dr, Newark, DE 19702

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