Georgetown, DE Commercial Real Estate for Lease and Sale

Explore 15 listings of Georgetown commercial real estate to find the best space for your business.

108 N Bedford Street

108 N Bedford Street, Georgetown, DE
Property

Office

1,140 SF
Year Built

1934
For Sale

$220,000
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Commercial Land for Sale

2 Burger King Drive, Georgetown, DE
Property

VacantLand
For Sale

$100,000
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The Commons at Georgetown

22307 & 22309 DuPont Boulevard, Georgetown, DE
Property

Retail

6,000 SF
Availability

2 Spaces

6,000 SF
Year Built

2022
For Lease

$30.00/SF/YR
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20303 Hardscrabble Rd (Rt 20)

20303 Hardscrabble Rd (Rt 20), Shortly, Georgetown, DE
Property

Office

1,550 SF
Availability

2 Spaces

1,750 SF
For Lease

$600.00 - $1,400.00/MO
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Georgetown Professional Park

20125 Office Circle, Georgetown, DE
Property

Office

62,412 SF
For Sale

$3,190,000
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Weston Willows Business Park

31013 Besche Avenue, Gravel Hill, Georgetown, DE
Property

Industrial

21,470 SF
Availability

1 Space

21,470 SF
Year Built

2024
For Lease

$18.00 - $21.00/SF/YR
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Cedar Creek Business Park

Route 16, Milton, DE
Property

Office
Availability

1 Space

1,600 SF
Year Built

2023
For Lease Contact for pricing
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235-237 Mitchell St

235-237 Mitchell St, Millsboro, DE
Property

VacantLand
Availability

2 Spaces

204,732 SF
For Lease Contact for pricing
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Commercial Highway Parcel - Sussex County

Route 404, Fox Glen, Bridgeville, DE
Property

VacantLand
For Sale

$299,000
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Rt 20 Self Storage / Residential Development Opportunity

11342 Circle Drive, Concord, Seaford, DE
Property

Industrial
For Sale

$1,375,000
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28334 Dupont Blvd

28334 Dupont Blvd, Millsboro, DE
Property

VacantLand
For Sale

$3,028,000
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The Centre at Love Creek

East of Rt. 24 & Road 279 Intersection, Lewes, DE
Property

Retail

67,525 SF
Availability

5 Spaces

83,438 SF
For Lease Contact for pricing
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237 Mitchell Street

237 Mitchell Street, Millsboro, DE
Property

Land

4.7 Acre
For Sale Contact for pricing
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237 Mitchell Street

237 Mitchell Street, Millsboro, DE
Property

Land

4.7 Acre
Availability

2 Spaces

4.7 Acre
For Lease Contact for pricing
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10 Park St

10 Park St, MILTON, DE
Property

Industrial
Year Built

1978
For Sale

$250,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Georgetown commercial real estate market incorporates 65,102 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Georgetown commercial real estate market includes 46,000 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Georgetown market, there is a total of 21,470 square feet of industrial property.

The listing inventory in Georgetown incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Georgetown is represented by Industrial space, which accounts for 21,470 square feet of available listings. Retail space available in Georgetown adds up to 7,600 square feet.

Meanwhile, most of the listings of commercial property for sale in Georgetown are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Georgetown, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Georgetown is in the Shortly neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Shortly area.

Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Gravel Hill.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $36 per square foot.

The average size of a commercial property in Georgetown depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Georgetown, the average size of an office property is 21,701 square feet.
Retail properties here incorporate an average of 23,000 square feet.
Industrial space in Georgetown is in buildings that are, on average 21,470 square feet in size.

Georgetown, DE Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Georgetown currently add up to 9,350 square feet. The market offers 1 active office listing(s), which amount to 1,750 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 7,600 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Office	1	1,750
Retail	2	7,600

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Georgetown, DE. Currently, there is 63,552 square feet of commercial property for sale here , which includes 2 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	2	63,552

Georgetown, DE Commercial Real Estate for Lease and Sale

108 N Bedford Street

Commercial Land for Sale

The Commons at Georgetown

20303 Hardscrabble Rd (Rt 20)

Georgetown Professional Park

Weston Willows Business Park

Cedar Creek Business Park

235-237 Mitchell St

Commercial Highway Parcel - Sussex County

Rt 20 Self Storage / Residential Development Opportunity

28334 Dupont Blvd

The Centre at Love Creek

237 Mitchell Street

237 Mitchell Street

10 Park St

Frequently Asked Questions

Georgetown, DE Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Georgetown, DE Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Georgetown, DE?

What factors affect the price of commercial real estate in Georgetown, DE?

What are the best areas for commercial real estate in Georgetown, DE?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Georgetown, DE?

Georgetown, DE Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us