Waterfront Restaurant Opportunity on Indian
For Sale
$399,000
32850 River Rd, Millsboro, DE 19966
Rare Waterfront Restaurant Opportunity! Indian River Views, Exceptional Growth Potential!
Property Size3,800 SF
Price / SF$105
Days on Market372
Property Features for 32850 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
Listing Agency:
COLDWELL BANKER RESORT REALTY - L
Listed By:
Joanie Hannigan · License #RS-0019210
(302) 519-1455
Added: Oct 9, 2025
Changed: Apr 14
Investment Insights
Based on property information with market context.
This is a waterfront restaurant opportunity with views of the Indian River. The property has been operating for twenty-two years and has a customer base. The restaurant is fully outfitted with all equipment and fixtures. There is expansive outdoor dining to maximize the scenic setting. Six private boat slips are available for guests arriving by water. Additional on-site space is available for office, apartment, or storage rental. The property includes a liquor license. The area is experiencing major growth. The property is currently operating under a negotiable lease. The property has expansion potential. The property contains 3,800 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
Questions? Ask Rey
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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 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!
