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Established Restaurant with Takeout
For Sale
Contact for pricing
Pending

115 E Market St, Georgetown, DE 19947

Restaurant property and operating business are offered together in a retail strip setting.

Property SizeContact for details
Days on Market145

Property Features for 115 E Market St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Listing Agency: R&R Commercial Realty
Listed By: Keith Walpole · License #DE RS-0014425
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 8:46AM

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 R&R Commercial Realty

Investment Insights

Based on property information with market context.

This established restaurant includes both dine-in and takeout service, offering two customer-service formats within the same operation. The sale includes the real estate and the business together.

The property is positioned within a strip of stores at 115 E Market St in Georgetown, Delaware.

Key Highlights

  • Established restaurant with dine‑in and takeout service
  • Real estate and operating business included together
  • Located within a strip of stores

Property Analytics

Current Use

Georgetown Family Restaurant Restaurant

Suggested Use

Top Pick Parking Lot & Garage Dental Office Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby
Under-served
Demand for This Use

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property and operating business are offered together in a retail strip setting.
Where is this conventional restaurant located?
The property is located at 115 E Market St Georgetown, DE.
What are key features of this property?
This property features: Established restaurant with dine‑in and takeout service; Real estate and operating business included together; Located within a strip of stores
(302) 674-3400 Call to check price and availability
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