REO Sale: Former Rite Aid | Drive-Thru, Hard Corner

Starting Bid: $400,000

Auctioneer: Ralph Passono, Jr.

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: 1

Auctioneer License 2: NY Broker No.:10311203946

• Signalized Hard-Corner Visibility on Main: Freestanding building at a signalized hard corner on S. Main Street with strong visibility.

• Existing Drive-Thru Lowers Buildout Cost: In-place drive-thru lowers buildout cost and time for QSR, pharmacy, or banking users.

• Flexible Commercial and Retail Zoning: Commercial Stores and Retail Outlet zoning supports retail, restaurant, medical, or service uses.

• Surrounded by National Retail Tenants: Neighbors include McDonald's, Wegmans, Marshalls, Dunkin', Wendy's, and Dollar General.

Brokered by SRS Real Estate Partners and powered by RealINSIGHT Marketplace, 101 S. Main Street in Newark, New York is a ±13,084-square-foot freestanding building on a ±1.3-acre parcel at a signalized hard corner along S. Main Street, within Newark's established commercial and community core. The property features existing drive-thru infrastructure, flexible commercial zoning (Commercial Stores, Retail Outlet), strong visibility, and convenient access. It is positioned among a deep lineup of national and regional retailers — including McDonald's, Wegmans, Marshalls, Dunkin', Wendy's, Domino's, Taco Bell, AT&T, and Dollar General — and benefits from combined traffic counts exceeding 24,000 vehicles per day across the surrounding roadways. Within a five-mile radius, the trade area supports a population of 16,155, a daytime population of 19,585, and an average household income of $76,070. Now vacant, the building presents an owner-user or redevelopment opportunity for retail, restaurant, medical, or service users seeking a high-visibility corner location in an established Finger Lakes-region community.

View details and diligence materials on RI Marketplace: