Waterfront Restaurant Opportunity For
For Sale
$399,000
32580 River Rd, Millsboro, DE 19966
Rare Waterfront Restaurant Opportunity! Indian River Views, Exceptional Growth Potential!
Property Size3,800 SF
Price / SF$105
Days on Market190
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Property Features for 32580 River Rd
General Information
Standard status
Active
Property type
Conventional restaurants, Restaurants
Size
3,800 SF
Elevators
No
Sale Condition
Lease Option
Investment Type
Owner User
Building Details
Year Built
1910
Buildings
1
Stories
1
Listed By:
Joanie Hannigan
(302) 519-1455
Added: Apr 9
Investment Insights
Based on property information with market context.
This is a rare opportunity to own a well-established, family-run waterfront restaurant with views of the Indian River. The turnkey business has a loyal customer base and a fully equipped kitchen. A liquor license is included. The property features expansive outdoor dining to maximize the scenic setting and six private boat slips for guests arriving by water. Additional on-site space is available for office, apartment, or storage rental. The property is fully outfitted with all equipment and fixtures, and is move-in ready. It is currently operating under a negotiable lease. Located in a booming area with strong local demand and development, the property has unlimited expansion potential. The area is experiencing major growth. The restaurant has a twenty-two year customer base. The property size is 3800 PropertySizeUnits.
Key Highlights
- Great Potential! Area is Experiencing Major Growth, Water Access, Twenty‑Two Year Customer Base, much more!
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Rare Waterfront Restaurant Opportunity! Indian River Views, Exceptional Growth Potential!
Where is this conventional restaurant located?
The property is located at 32580 River Rd Millsboro, DE.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Great Potential! Area is Experiencing Major Growth, Water Access, Twenty‑Two Year Customer Base, much more!
