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Five-Unit Retail Strip
New
For Sale
$725,000

29786 JOHN J WILLIAMS Hwy, Millsboro, DE 19966

Service and retail space is occupied under short-term leases.

Property SizeContact for details
Days on Market4

Property Features for 29786 JOHN J WILLIAMS Hwy

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $974

Building Details

Year Built 1980
Tenancy Multi
Listing Agency: KELLER WILLIAMS COMMERCIAL
Listed By: BOB WHEATLEY · License #RA-0020418
Source: Elliman
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 30 at 9:41PM

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 COMMERCIAL

Investment Insights

Based on property information with market context.

This retail strip center contains five occupied units serving service and retail functions. Current leases are short term, providing flexibility for continued operation or future repositioning. The west-side building has a gambrel roof and includes a 16-by-48-foot second-floor area. The property was built in 1980.

Situated on John J. Williams Highway near Millsboro, the site benefits from access to the bypass, which has improved traffic movement and reduced congestion along this corridor. The sale also includes four billboard faces, each operating under short-term lease arrangements.

Key Highlights

  • Five‑unit service and retail strip center
  • All five units are currently rented on short‑term leases
  • 16‑by‑48‑foot second‑floor area beneath the west building’s gambrel roof

Property Analytics

Current Use

B Walls & Sons ... Plumbing Service TwosCompany Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Furniture & Home Goods Bakery Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
5,423 visits/mo 0.5 miles

Demographics for 19966, DE

32,520
Population
19,625
Households
1.7
Avg Household Size
53
Median Age
28%
College-Educated
90%
High-School Grad
89.1 sq mi
ZIP Area
365
Density / Sq Mi
$75,436
Median Household Income
$36,815
Median Earnings
$1,293
Median Rent
$282,100
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Service and retail space is occupied under short-term leases.
Where is this strip mall located?
The property is located at 29786 JOHN J WILLIAMS Hwy Millsboro, DE.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Five‑unit service and retail strip center; All five units are currently rented on short‑term leases; 16‑by‑48‑foot second‑floor area beneath the west building’s gambrel roof
More about this property
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