Commercial Real Estate Market in Lewes, DE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
39 active listings and 506 off-market properties in Lewes, DE. Commercial property asks $345/SF to buy (based on 4 listings) and $20.50/SF/Yr to lease (based on 8 listings).
Market Trends
Lewes, DE spans 47.3 square miles in Sussex County, Delaware. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lewes, DE runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Lewes, DE runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Lewes, DE runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Lewes, DE runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 56.4%
- Residential 35.2%
- Commercial 2.9%
- Industrial 1.1%
- Civic 0.8%
- Special 0.1%
Largest Zones share of zoned land by district
Lewes, DE zones 2,702 acres across 20 districts. Commercial zoning covers 2.9% of zoned land, residential 35.2%, open space 56.4% and industrial 1.1%. The largest single district is Open Space at 55.2%. For commercial buyers the practical constraint is that only 4% of land carries a commercial or industrial designation.
No structure shall be located; no existing structure shall be altered, enlarged, moved or rebuilt; and no open space surrounding any structure shall be encroached upon or reduced in any manner that does not conform with the yard, lot, area, and building location regulations designated for the zoning district in which such building or open space is located un…
Market overview
Demographics & Economy
Lewes, DE has 27,911 residents in 19,410 households. Density runs 590 people per square mile. Median household income here is $91,445 and median gross rent $1,654 a month.
Tools
Nearby Markets
Commercial property in Lewes, DE asks $345/SF. The 2 bordering markets run from $191/SF in Millsboro to $293/SF in Milton, and the city sits above their $242/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lewes?
How much does it cost to lease commercial space in Lewes?
How does Lewes compare to nearby markets on price?
What zoning applies to commercial property in Lewes?
Where does Realmo's Lewes market data come from?
Methodology & data sources
- Asking prices and medians
- There are 26 active for-sale and 13 active for-lease listings in Lewes, DE. The medians are based on 4 of the for-sale and 8 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,702 zoned acres across 20 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
