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Commercial Real Estate Market Watch

Market Watch: Restaurant Space in Millsboro



Waterfront restaurant and apartment

Location: 32768 Oak Orchard Road, Millsboro

Asking price: $1.3 million

Size: 3,500 square feet

Setting: Indian River waterfront in quaint year-round and seasonal community. Vacant restaurant building with two-bedroom apartment with water view.  Dock to the river.

Features: Restaurant space with bar and kitchen with seating space for 50 on the main floor and 40 on the patio.  Seventy feet of water frontage. Plenty of parking.  Property is nearly one acre. Some kitchen equipment available. Restaurant space is 2,800 square feet, and patio is 700 square feet. Public water and sanitary. Boat access by dock. Slips for rent separately. A plan for residential and commercial additions to the property has county approval. Public sanitary service is on site.

Contact: Chris Castagno of Location Realty Advisors at (302) 545-8479.

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