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    420 Savannah Rd E Lewes, DE 19958

    For Lease
    $325,000

    CommercialLease - LEWES, DE

    Type:Retail
    Days on Market:
    8
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for 420 Savannah Rd E

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    22
    Parking features
    Parking Lot

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Building materials
    Block, Brick, Combination

    RE/MAX Associates (302) 234-3800 [email protected]

    Listing agent KATHY ENGEL (302) 542-3846 License #RA-0002606

    Listing date Dec 3, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Market Near Lewes Beach

    Established daily market business for sale, located two blocks from Lewes (Savannah) Beach. The market has been in business for over 30 years. The retail space encompasses approximately 3400 square feet, including an addition of about 719 square feet described as a vanilla box. The market features a full-service deli, convenience store offerings, an ATM, tobacco products, beach clothing, and accessories. Lottery ticket sales are notably high. The property includes two offices, walk-in coolers, an outside ice chest, shelving, and serving counters. A large parking lot provides ample parking. The location benefits from very high traffic and is within easy walking distance to town. The sale is for the business only, not the real estate. Inventory is included in a full-price offer. Note that the large Hershey's sign does not convey with the business.
    Location Intelligence

    Current Use by Public Records

    Daily Market Convenience Store Cardtronics ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lloyd's Market

    Location Insight

    • Map
    • Local Demand
    City
    Lewes
    County
    Sussex
    State
    Delaware
    Longitude
    -75.13544
    Latitude
    38.77846

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    FAQs

    What type of property is this?
    Grocery and convenience store - Established market for sale near Lewes Beach with high traffic.
    Where is this grocery and convenience store located?
    The property is located at 420 Savannah Rd E Lewes, DE.
    What are key features of this property?
    This property features: - Established business (30+ years) in a high-traffic location near Lewes Beach.; - Full-service deli and convenience store with diverse product offerings.; - Lottery ticket sales (highest in the county).
    (302) 542-3846
    Request Owner's contact information
    420 Savannah Rd E Lewes, DE 19958
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    Lewes, DE 19958
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 Savannah Rd E Lewes, DE 19958
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