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Retail Space in Three-Unit Building
For Lease
$15 SF/Yr

512 N BI STATE Boulevard, Delmar, DE 19940

CommercialLease, DELMAR, DE

Space SizeContact for details
Days on Market18

Property Features for 512 N BI STATE Boulevard

General Information

Property type Other
Property subtype Retail
Parking 20
Parking features Parking Lot
Elementary school district DELMAR
Middle school district DELMAR
High school district DELMAR
Standard status Active

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1992
Building materials Vinyl Siding
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Christopher B. Messick · License #5012259
Added: Aug 14 Changed: Aug 26 Last Checked: Aug 31 at 6:06PM
MLS# DESU2118282

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This retail space is part of a three-unit commercial building at 512 N Bi State Boulevard in Delmar, Delaware. The property was built in 1992 and features vinyl siding, central heating, and central air conditioning. A dedicated parking lot serves the building, supporting convenient customer and employee access.

The space is positioned along Bi State Boulevard and may offer additional exterior area based on the tenant’s requirements. Its compact configuration can accommodate retail, office, or service-oriented commercial use, as supported by the existing property description.

Key Highlights

  • One of three commercial units at 512 N Bi State Boulevard
  • Located along Bi State Boulevard in Delmar, DE
  • On‑site parking lot

Property Analytics

Current Use

Eastern Shore Systems ... Atm

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 19940, DE

6,541
Population
2,711
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
84%
High-School Grad
41.3 sq mi
ZIP Area
158
Density / Sq Mi
$63,361
Median Household Income
$48,067
Median Earnings
$938
Median Rent
$225,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial suite with parking, central heating, and central air conditioning.
Where is this retail space located?
The property is located at 512 N BI STATE Boulevard Delmar, DE.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: One of three commercial units at 512 N Bi State Boulevard; Located along Bi State Boulevard in Delmar, DE; On‑site parking lot
More about this property
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