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101 S Main St
Newark, NY 14513
Former Rite Aid | For Sale or For Lease · Retail Property For Sale
EXECUTIVE SUMMARY
Zoned B-2 General Business:
Allows for a wide range of permitted and special uses, including medical, educational, and fuel-related operations.
Prominent Corner Location in Newark:
Situated at the signalized intersection of Main Street and W Union, in the heart of town. The property is easily accessible from two access points.
2015 Construction with Drive-Thru:
Features a drive-thru pharmacy window and a large lot, adding versatility and value for future tenants.
Surrounded by Retail & Medical:
In close proximity to Newark-Wayne Community Hospital and major retailers like Wegmans, Walgreens, Dunkin', Taco Bell, and many others.
Market Advantage:
The vacancy rate in the submarket is 3.6% and there is currently no retail space under construction in the Wayne County submarket. The prime location and valuable underlying real estate make this site well-suited for a variety of other tenants.
*Property is available for sale or for lease.
Allows for a wide range of permitted and special uses, including medical, educational, and fuel-related operations.
Prominent Corner Location in Newark:
Situated at the signalized intersection of Main Street and W Union, in the heart of town. The property is easily accessible from two access points.
2015 Construction with Drive-Thru:
Features a drive-thru pharmacy window and a large lot, adding versatility and value for future tenants.
Surrounded by Retail & Medical:
In close proximity to Newark-Wayne Community Hospital and major retailers like Wegmans, Walgreens, Dunkin', Taco Bell, and many others.
Market Advantage:
The vacancy rate in the submarket is 3.6% and there is currently no retail space under construction in the Wayne County submarket. The prime location and valuable underlying real estate make this site well-suited for a variety of other tenants.
*Property is available for sale or for lease.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
13,084 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.00 AC
Opportunity Zone
Yes
Zoning
B-2 - General Business
Frontage
241’ on West Union Street
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 542001-068-111-0018-328-035-0000 | Improvements Assessment | $5,277,987 CAD |
| Land Assessment | $83,813 CAD | Total Assessment | $5,361,800 CAD |
PROPERTY TAXES
Parcel Number
542001-068-111-0018-328-035-0000
Land Assessment
$83,813 CAD
Improvements Assessment
$5,277,987 CAD
Total Assessment
$5,361,800 CAD
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