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    32850 River Rd Millsboro, DE 19966

    Sponsored
    Sponsored
    For Sale
    $399,000

    Rare Waterfront Restaurant Opportunity! Indian River Views, Exceptional Growth Potential!

    Property size:
    3,800 SF

    Description

    Added:
    Oct 9, 2025
    Days on Market:
    89
    Do not miss this unique chance to own a well-established, family-run waterfront restaurant boasting spectacular views of the Indian River. With a loyal customer base, a fully equipped kitchen, and a valuable liquor license included, this turnkey business is ready for immediate operation and primed for future growth. Prime Waterfront Location with panoramic Indian River views. Expansive Outdoor Dining to maximize the scenic setting. Six Private Boat Slips for guests arriving by water. Additional On-Site Space available for office, apartment, or storage rental. Liquor License transfers, loyal customer base ready to generate additional revenue year round. Fully Outfitted with all equipment and fixtures, move-in ready. Flexible Lease Terms currently operating under a negotiable lease. Located in a Booming Area with strong local demand and development. Unlimited Expansion Potential customize to suit your vision. Confidentiality and Non-Disclosure must be signed. Call today for a tour!

    Property Features for 32850 River Rd

    General Information

    Sale Condition
    lease-option
    Property type
    Conventional restaurants
    Investment Type
    owner-user
    Square Feet
    3,800 SF
    Elevators
    No

    Building Details

    Year Built
    1910
    Buildings
    1
    Stories
    1

    HighLights

    • Great Potential! Area is Experiencing Major Growth, Water Access, Twenty‑Two Year Customer Base, much more!
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Map

    City
    Millsboro
    State
    Delaware
    Longitude
    -80.001551
    Latitude
    39.980986

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    FAQs

    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 32850 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!
    (302) 519-1455
    Request Owner's contact information
    32850 River Rd Millsboro, DE 19966
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    Millsboro, DE 19966
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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
    32850 River Rd Millsboro, DE 19966
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