112 Capitol Trl - Medical FOR SALE


Newark, DE 19711
$799,000 USD
302-729-2881
112 Capitol Trl, Newark, DE for Sale
$799,000 USD
Medical - FOR SALE
1/28
null | 7.51% Cap Rate

Jun '25


112 Capitol Trl
Newark, DE 19711


OVERVIEW

Prime Commercial Investment Opportunity – 112 Capitol Trail, Newark, DE 19711 A rare opportunity to acquire a high-visibility commercial property on Kirkwood Highway, just minutes from the University of Delaware. This 1.87-acre parcel features a charming 1,800 sq. ft. stone building and offers exceptional development potential, strong rental income, and an unbeatable location. Property Features: ? Prime Location – Situated on a major thoroughfare with excellent exposure and accessibility. ? Versatile Zoning – Ideal for professional offices, medical practices, financial services, or future redevelopment. ? Income-Producing Asset – Generates over $60,000 in annual rental income, providing immediate cash flow. ? Development Potential – Previously approved for multi-family or student housing development, allowing for long-term value growth. ? Ample Parking & Expansion Space – Large lot with plenty of room for future expansion or redevelopment. Financials & Investment Returns: Asking Price: $799,000 Annual Rental Income: $60,000+ Projected ROI: 7.5% – Strong return for investors looking to capitalize on Newark’s growing market. With its historic charm, prime location, and built-in revenue stream, this property is a standout investment in one of Delaware’s most desirable commercial corridors. Don’t miss this exceptional opportunity! Schedule a private tour today.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Stone Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

18BL

APN/PARCEL ID

18-015.00-050

ASK ABOUT THIS PROPERTY

Corey HarrisCrown Homes Real EstateMore Info
302-729-2881

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Corey HarrisCrown Homes Real EstateMore Info
302-729-2881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.