REO Sale: Former Rite Aid | Drive-Thru, Hard Corner

Highlights:

• Signalized Hard-Corner Visibility on Main: Freestanding building at a signalized hard corner on S. Main Street with strong visibility.
• Existing Drive-Thru Lowers Buildout Cost: In-place drive-thru lowers buildout cost and time for QSR, pharmacy, or banking users.
• Flexible Commercial and Retail Zoning: Commercial Stores and Retail Outlet zoning supports retail, restaurant, medical, or service uses.
• Surrounded by National Retail Tenants: Neighbors include McDonald's, Wegmans, Marshalls, Dunkin', Wendy's, and Dollar General.
• ±24,200 VPD in Combined Daily Traffic: Traffic spans S. Main St/SH-88, W. Union St/SH-31, and W. Miller St (NY DOT, 2025 data).
• Established Five-Mile Trade Area Base: 16,155 residents and $76,070 average household income anchor the surrounding 5-mile trade area.

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3424/retail/newark/ny?utm_source=brevitas&utm_medium=paid_listing&utm_campaign=october21_2026&utm_content=retail_3424

Brokered by SRS Real Estate Partners and powered by RealINSIGHT Marketplace, 101 S. Main Street in Newark, New York is a ±13,084-square-foot freestanding building on a ±1.3-acre parcel at a signalized hard corner along S. Main Street, within Newark's established commercial and community core. The property features existing drive-thru infrastructure, flexible commercial zoning (Commercial Stores, Retail Outlet), strong visibility, and convenient access. It is positioned among a deep lineup of national and regional retailers — including McDonald's, Wegmans, Marshalls, Dunkin', Wendy's, Domino's, Taco Bell, AT&T, and Dollar General — and benefits from combined traffic counts exceeding 24,000 vehicles per day across the surrounding roadways. Within a five-mile radius, the trade area supports a population of 16,155, a daytime population of 19,585, and an average household income of $76,070. Now vacant, the building presents an owner-user or redevelopment opportunity for retail, restaurant, medical, or service users seeking a high-visibility corner location in an established Finger Lakes-region community.

Location
Located at a signalized hard corner on S. Main Street in Newark's established commercial and community core, near the intersection with W. Union Street, the property benefits from combined traffic of ±24,200 VPD and proximity to McDonald's, Wegmans, Marshalls, and Dunkin' — supporting consistent visibility and daily consumer traffic through this Finger Lakes-region trade area.


Bidding Opens
Oct 20 12:00 AM
Bidding Closes
Oct 22 12:00 AM

Documents: