Millville DE Real Estate & Commercial for Sale

Exceptional mixed-use development opportunity in the heart of Millville, Delaware - one of Sussex County's fastest-growing coastal corridors. This 2.5+ acre site is made up of three parcels and offers full utility access with public water and sewer, and is positioned for eminent development with no wetlands and supportive local zoning. Preliminary engineering indicates the property is fully developable, with concept plans supporting a mixed-use layout of four buildings featuring retail on the ground level and residential units above. Initial yield estimates suggest approximately 32 apartment units with about 17,000 square feet of retail, with the potential to increase density to 48 residential units if developed as a fully residential apartment project. Key site features include an existing tax ditch with minimum required buffer and a smaller than typical stormwater management system designed for water quality compliance. The site benefits from strong frontage and accessibility, with preliminary discussions indicating minimal impact to existing utility infrastructure with water and sewer available at the road. The Town of Millville has demonstrated a favorable stance toward development in this location, and a preliminary site plan submission is being prepared, offering investors a clear path toward entitlement and construction. Strategically located near Route 26 with easy access to Bethany Beach, Ocean View, and surrounding residential growth, this property presents a rare opportunity for developers seeking a scalable mixed-use or multifamily project in a high-demand coastal market.