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INVESTMENT HIGHLIGHTS
- Excellent road visibility with strong exposure along a well-traveled local corridor.
- Excellent ingress & egress with access to a main road and side street.
- Strategic New Castle location with convenient access to major routes, including Route 9 and I-295.
- Excellent road Signage.
- Corner-style presence enhances signage potential and overall marketability.
- Flexible building layout suitable for office, professional, or owner-user occupancy.
EXECUTIVE SUMMARY
1 Catherine Street represents a compelling investment and owner-user opportunity located in the core of New Castle, Delaware. The property benefits from a walkable setting with strong regional access via Route 9, I-295, and the Delaware Memorial Bridge, supporting both local and commuter demand. The surrounding area is characterized by a stable mix of residential and neighborhood commercial uses, contributing to consistent occupancy and long-term market durability. Limited supply and tightly held ownership within the immediate submarket enhance the asset’s downside protection and appreciation potential. The property is well suited for investors seeking stable income with future upside, as well as owner-users looking to establish a presence in an established and desirable market.
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,670 SF
Building Class
C
Year Built
1930
Price
$1,043,625 CAD
Price Per SF
$390.87 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,670 SF
Slab To Slab
9’
Building FAR
0.13
Lot Size
0.48 AC
Zoning
CN - Commercial Neighborhood.
Parking
15 Spaces (5.62 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
- Smoke Detector
1 1
PROPERTY TAXES
| Parcel Number | 10-023.40-151 | Improvements Assessment | $88,639 CAD (2024) |
| Land Assessment | $43,415 CAD (2024) | Total Assessment | $132,053 CAD (2024) |
PROPERTY TAXES
Parcel Number
10-023.40-151
Land Assessment
$43,415 CAD (2024)
Improvements Assessment
$88,639 CAD (2024)
Total Assessment
$132,053 CAD (2024)
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1 Catherine St
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