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**
Endless Possibilities on 3.81 Acres in Newark! Per Greg Friedman of NCC Land Use, the property appears on the Future Land Use Map as ELIGIBLE for REZONING. Buyers are responsible to conducting their own due diligence and confirming all zoning, subdivision, land-use, development, and building possibilities with NCC Land Use and all applicable authorities. Discover the potential of this three-bedroom expanded ranch home, featuring a durable Permastone exterior and situated on a spacious 3.81-acre parcel. Whether you’re dreaming of creating a private homestead, accommodating multi-generational living, or exploring future development opportunities, this property offers an exciting canvas for your vision. The parcel runs parallel to Richards Lane in Newark and may present potential for re-zoning and townhouse development. With an appraised value of $625,000 and a list price of $599,900, this is an opportunity to acquire a substantial property with both immediate residential possibilities and intriguing future potential. Bring your vision and explore what may be possible! Home is in need of repairs and is being sold as-is, where is, with no warranties expressed or implied.
Newark is located in Delaware. Newark, Delaware has a population of 31,393. Newark is more family-centric than the surrounding county with 30.95% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in Newark, Delaware is $61,646. The median household income for the surrounding county is $78,428 compared to the national median of $69,021. The median age of people living in Newark is 22.7 years.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 23.9 degrees. The average rainfall is approximately 45.1 inches per year, with 12.8 inches of snow per year.