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    216 Atlantic Ave Millville, DE 19970

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    For Sale
    $249,000

    Well-maintained restaurant serving residents and tourists near shopping centers.

    Building Details

    Year built
    2002

    Source: R&R Commercial Realty Agent Keith Walpole

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Near Tourist Attractions

    This well-maintained restaurant is located along a busy route near 216 Atlantic Ave in Millville, DE, close to beaches. It serves both residents and seasonal tourists. The store maintains high standards of cleanliness and customer service. Its location near shopping centers and beach resorts ensures steady foot traffic, especially during the summer months. A strong community presence and well-reviewed staff contribute to its positive local reputation. The property is a solid performer in the region with friendly staff.
    Location Intelligence

    Current Use by Public Records

    Subway Caterer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Millville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.11032
    Latitude
    38.547423

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    FAQs

    What type of property is this?
    Turn key restaurant - Well-maintained restaurant serving residents and tourists near shopping centers.
    Where is this turn key restaurant located?
    The property is located at 216 Atlantic Ave Millville, DE.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - High foot traffic location near shopping centers and beach resorts.; - Well-maintained store with a strong performance record.; - Located on a busy route near 216 Atlantic Ave Millville DE.
    (302) 674-3400
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    Millville, DE 19970
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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
    216 Atlantic Ave Millville, DE 19970
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