- For Sale $750,000
- Property Type Office
- Property Size 3,098 SF
- Lot Size 0.48 Acre
- Building Class C
- Year Built 1930
- Year Renovated 1983
- Date Updated Apr 21, 2026
Description
1 Catherine Street represents a compelling investment and owner-user opportunity located in the core of New Castle, Delaware. The property benefits from a walkable setting with strong regional access via Route 9, I-295, and the Delaware Memorial Bridge, supporting both local and commuter demand. The surrounding area is characterized by a stable mix of residential and neighborhood commercial uses, contributing to consistent occupancy and long-term market durability. Limited supply and tightly held ownership within the immediate submarket enhance the asset’s downside protection and appreciation potential. The property is well suited for investors seeking stable income with future upside, as well as owner-users looking to establish a presence in an established and desirable market. Investment highlights Excellent road visibility with strong exposure along a well-traveled local corridor. Excellent road Signage. Excellent ingress & egress with access to a main road and side street. Corner-style presence enhances signage potential and overall marketability. Strategic New Castle location with convenient access to major routes, including Route 9 and I-295. Flexible building layout suitable for office, professional, or owner-user occupancy. Ample on-site parking providing ease of access for staff and visitors. Well-positioned lot offering potential for future improvements or reconfiguration. Established surrounding area with nearby residential and commercial uses supporting daily traffic. Ideal for businesses seeking visibility without the cost of main-highway frontage
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Contacts
Habash Commercial Realty
Location
Habash Commercial Realty