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Restaurant and Bar Business
For Sale
$349,000

19 REHOBOTH AVENUE, Rehoboth Beach, DE 19971

BusinessOpportunity, REHOBOTH BEACH, DE

Property SizeContact for details
Days on Market307

Property Features for 19 REHOBOTH AVENUE

General Information

Property type Other
Property subtype Retail
High school CAPE HENLOPEN
Elementary school district CAPE HENLOPEN
Middle school district CAPE HENLOPEN
High school district CAPE HENLOPEN
Standard status Active

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump, Central Air

Building Details

Year built 1977
Building materials Brick Front
Listing Agency: Jack Lingo - Rehoboth
Listed By: Lily Hsu Gosnear · License #RS0036516
Added: Dec 3, 2025 Changed: Sep 16 Last Checked: Oct 6 at 1:06PM
MLS# DESU2101070

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 business-only restaurant offering includes a newly built bar, a spacious dining room, and a separate take-out area. The property has a brick front and was constructed in 1977, with heat pump heating and cooling supplemented by central air conditioning.

Located on the ocean block of Rehoboth Avenue in downtown Rehoboth Beach, the operation can continue under its current concept, with the sellers offering recipes and training, or be adapted to a different restaurant concept.

Key Highlights

  • Business‑only restaurant and bar offering
  • Newly built bar with spacious dining room
  • Dedicated take‑out area

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Pharmacy Nail Salon (Bike/Boat/Book/etc) Store Locksmith

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

890
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 61% Apparel 29% Shops & Services 10%
Grotto Pizza Dining
5,875 visits/mo 0.1 miles
South Moon Under Apparel
4,770 visits/mo 0.1 miles
Kilwin's Dining
2,567 visits/mo 0.1 miles
Dairy Queen Dining
1,712 visits/mo 0.0 miles
M&T Bank Shops & Services
1,668 visits/mo 0.4 miles

Demographics for 19971, DE

14,348
Population
16,948
Households
0.8
Avg Household Size
60
Median Age
55%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
797
Density / Sq Mi
$103,301
Median Household Income
$49,905
Median Earnings
$1,383
Median Rent
$561,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Business-only offering with a new bar, dining room, and dedicated take-out area on Rehoboth Avenue.
Where is this conventional restaurant located?
The property is located at 19 REHOBOTH AVENUE Rehoboth Beach, DE.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Business‑only restaurant and bar offering; Newly built bar with spacious dining room; Dedicated take‑out area
More about this property
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