Multi-Building Commercial Property For
1521 SAVANNAH Rd Lewes, DE 19958
For Sale
$1,499,000
Multi-building commercial property with retail, office, and residential units.
Lot Size1.00 Acre
Days on Market98
Property Features for 1521 SAVANNAH Rd
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
Commercial
Building Details
Year Built
1933
Listing Agency:
The Parker Group
(302) 684-9735
Listed By:
Jose Quinones · License #RB-0020840
(302) 684-9735
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 7:46AM
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 The Parker Group
Investment Insights
Based on property information with market context.
Located along Savannah Road, east of Route 1, the property at 1521 Savannah Road is a multi-building commercial property situated on nearly one acre of land. The property includes three separate structures configured for retail, office, service, and residential use. The main building features two established commercial suites on the ground level and a second-floor residential unit currently operated as a short-term rental. Two additional freestanding buildings offer commercial flexibility and tenant diversification. The site supports office, showroom, medical, and retail uses. Existing illuminated signage and frontage along Savannah Road contribute to visibility and branding potential. The property offers in-place income with additional upside through lease optimization, unit reconfiguration, or future redevelopment strategies. The location has a bike score of 57, indicating it is bikeable, and a walk score of 35, indicating car dependence.
Key Highlights
- Highly visible location on Savannah Road, a key commercial corridor.
- Multi‑building configuration offering flexibility for various uses.
- In‑place income with potential for increased revenue.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-building commercial property with retail, office, and residential units.
Where is this mixed-use property located?
The property is located at 1521 SAVANNAH Rd Lewes, DE.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Highly visible location on Savannah Road, a key commercial corridor.; Multi‑building configuration offering flexibility for various uses.; In‑place income with potential for increased revenue.