Georgetown Mixed-Use Investment
For Sale
$369,900
109 N BEDFORD St, Georgetown, DE 19947
Mixed-use property near downtown Georgetown with redevelopment potential.
Property SizeContact for details
Days on Market110
Property Features for 109 N BEDFORD St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1874
Units
2
Listing Agency:
Keller Williams Realty Delmarva
(443) 880-0130
Listed By:
Charles L Campbell II · License #666527
(443) 880-0130
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 10 at 7:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Delmarva
Investment Insights
Based on property information with market context.
This mixed-use property presents an investment opportunity, situated approximately 500 feet from the circle in downtown Georgetown. Zoned for mixed-use, the property currently houses two residential tenants in both the upper and lower floor units. The building is in good condition and has been updated recently, both inside and out. Several options exist for this property, including its continued use as a residential duplex or conversion into a mixed-use property with commercial space on the first floor and residential space on the second floor. The annual leases are coming up for renewal soon. Furthermore, the adjacent property at 107 N Bedford could be purchased in conjunction with this one, allowing for the combination and redevelopment of both properties into an apartment complex or a larger commercial building. The location offers ample parking and roadside exposure.
Key Highlights
- Prime location: Only 500 feet from the circle in downtown Georgetown
- Mixed‑use zoning offers flexible options for residential or commercial use
- Investment opportunity with existing tenants providing immediate income
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
Explore this area
Business Placement
Demographics for 19947, DE
20,964
Population
6,972
Households
3
Avg Household Size
37
Median Age
18%
College-Educated
76%
High-School Grad
119.2 sq mi
ZIP Area
176
Density / Sq Mi
$68,529
Median Household Income
$35,227
Median Earnings
$1,298
Median Rent
$294,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property near downtown Georgetown with redevelopment potential.
Where is this mixed-use property located?
The property is located at 109 N BEDFORD St Georgetown, DE.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Prime location: Only 500 feet from the circle in downtown Georgetown; Mixed‑use zoning offers flexible options for residential or commercial use; Investment opportunity with existing tenants providing immediate income
