For Lease $40.00/SF/YR
Property Type Retail - Restaurant
Property Size 3,171 SF
Date Updated Dec 16, 2023

Great location underneath the Washington House Condominiums on East Main Street in downtown Newark!Beautiful retail/restaurant space located underneath the Washington House Condominiums on East Main Street in downtown Newark! This space was formerly fit-out as a quick service pizza restaurant and includes some fixtured restaurant equipment. The property features on open interior floor plan as well as an outdoor patio with enough seating for 85+ patrons indoors and 12+ patrons outdoors. Centrally located on University of Delaware's main campus, this is a very pedestrian friendly environment with tons of nearby student housing. Underground, off-street parking is available as well.

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Attachments

111_E_Main_Street_Flyer-Adobe_Edited.pdf (PDF) opens in new window

Highlights

Off-street parking available!
Several restaurant fixtures included
Opportunity to acquire beer/wine license
High Ceilings
Located directly under 54 residential units

Spaces Available

Retail/Restaurant Space

Space Type Retail
Lease Rate $40.00/SF/YR
Total Space Available 3,171 SF
Divisible Space 3,171 - 3,171 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Griffin Conaty

DSM Commercial

(302) 283-1800

Contacts

Griffin Conaty

DSM Commercial

(302) 283-1800

Location

Getting Around

Walk Score ®
84/100 Very Walkable
Bike Score ®
91/100 Biker's Paradise

Map
Street

City Newark, DE
Zip Code 19711
Market Philadelphia

Frequently Asked Questions

How much does retail space at 111 E Main Street cost?

The asking price for retail space at 111 E Main Street is $40.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 111 E Main Street?

The property has 3,171 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 111 E Main Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 111 E Main Street.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 111 E Main Street.

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