Property
Newark, DE 19711 618 Newark Shopping Ctr
$109,000
5 more
Presented By: SVN/Miller Commercial Real Estate
SQFT • 1,268
SQFT • 1,268Home Details
TURN-KEY RESTAURANT BUSINESS OPPORTUNITY NEAR UNIVERSITY OF DELAWARE!
Excellent opportunity to acquire a modern, recently renovated restaurant located in a popular, high-traffic shopping center just a short walk from the University of Delaware.
Offered at $109,000, the sale includes the business, furniture, fixtures, and restaurant equipment, making this a true turn-key opportunity for a new or expanding concept. Benefit from an established location surrounded by strong retail activity and a built-in customer base of students, faculty, residents, and visitors.
The restaurant occupies leased space with a lease in place through February 2029. **Subject to property management approval**
Presented By: SVN/Miller Commercial Real Estate
Interior Features for 618 Newark Shopping Ctr
Bathrooms
Total Restrooms1
Other Interior Features
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 618 Newark Shopping Ctr
Acceptable FinancingCash, Negotiable
Accessibility36 + wide Halls
Association Recreation FeeN
Business NameJust Doner & Kebab
Business TypeRestaurant/Bar
CityNEWARK
Construction MaterialsMixed
CountyNEW CASTLE
Current UseRestaurant
DirectionsNewark Shopping Center
Heating90% Forced Air
Historic Y/NNo
Leasable Area1268
Lease Amount FrequencyMonthly
Lease Considered Y/NNo
Leasehold Rent $/Mo3902.00
MLS AreaNewark/Glasgow (30905)
MaintenanceExpense611.00
New ConstructionNo
OwnerPaysAll Utilities, Advertising/Licenses and Permits, Common Area Maintenance, Electricity, Insurance, Miscellaneous, Repairs, Water, Taxes - Real Estate
PossessionSettlement
Possible UseRestaurant
Price Per Sq Ft Total AG85.96
Property ConditionExcellent
Property SubtypeOther
Property TypeBusiness Opportunity
Property UseOwner User
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount1500.0
Tax Assessed Value0.0
Tax Year2026
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1955
Year Built SourceEstimated
Zoning18BB
Exterior for 618 Newark Shopping Ctr
Building Area Total1268.00
Car Parking Spaces60
InclusionsSee Documents for Equipment and Chattel included with Purchase
Navigable Water Y/NNo
Other EquipmentSee Remarks
Parking FeaturesPaved Parking, Lighted Parking, Handicap Parking
Total Loading Docks0
Total Parking Spaces60
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner