415 W Loockerman Street Dover, DE $ 520,000
415 W Loockerman Street
$ 520,000
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415 W Loockerman Street

Dover, DE, 19901
$ 520,000
Baths0.0 Sq 2,750

Monthly Estimate*

$ 3,456

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Studio

Commercial Property for sale in Dover, DE

for $520,000. This 2,750 square foot building was built in 1960 on a lot size of 0.15.

Unlock the potential of this thriving downtown Dover pizzeria and sub shop, a local favorite celebrated for its outstanding reviews and loyal clientele. This turnkey business venture presents a unique opportunity for restaurateurs and investors alike. -- Business Highlights: Local Landmark: Established as a cornerstone of the community, this pizzeria boasts a stellar reputation, making it a must-visit destination for residents and visitors. Fully Equipped: The sale includes all equipment and furniture necessary to continue operations seamlessly. From ovens to seating arrangements, everything is in place. Double Lot: This offering comprises two adjacent lots. The primary lot houses the restaurant, while the second provides ample parking space, ensuring a hassle-free experience for patrons. Income Potential: In addition to the main-floor restaurant, the property features a spacious two-story layout. Upstairs, a 3-bedroom, 1-bathroom apartment presents an attractive opportunity for rental income. -- Investment Advantage: Benefit from multiple revenue streams: restaurant sales and the option to lease out the apartment and parking space separately. High Visibility: Strategically located in the heart of downtown Dover, this property enjoys high foot traffic and excellent visibility, ideal for attracting customers and ensuring the success of your investment. Growth Potential: With Dover's ongoing development projects and thriving community, this pizzeria is poised for further growth and profitability. -- Inventory Excluded: The sale encompasses the business, real estate, and equipment. Inventory for food and supplies will be settled separately at closing. Don't miss out on this exceptional investment opportunity in Dover's dynamic restaurant scene. Act now to acquire this well-established pizzeria and secure your position in this vibrant market. Contact us for more information and to schedule a private viewing. ***For inquiries and information, we kindly request that you reach out directly to listing agent. To ensure a smooth process and respect the privacy of the employees, we kindly ask that you refrain from attempting to speak directly with the staff on-site. Listing agent is readily available to assist you with any questions or to schedule a showing. Thank you for your understanding and cooperation.***

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Commercial Active

Price

$ 520,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,739

Style

Restaurant/Bar

Lot Size

0.15

Year Built

1960

Town/City

Dover

County/Region

Kent

MLS | Web ID

DEKT2022574

Features
Interior
Heating Fuel Natural Gas
Flooring Luxury Vinyl Plank
Hot Water Electric Natural Gas
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Entry Level 1
Number of Elevators 0
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Negotiable
Roof Shingle
Zoning C2
Construction Materials Vinyl Siding
Exclusions Food and Supply Inventory (to be negotiated independent of sales price and due at closing)
Year Built 1960
Property SubType Retail
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar
Accessibility None
County KENT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Head southeast on US-13 S. Turn right onto E Loockerman St 0.4 mi. Continue onto Loockerman Plaza 0.2 mi. Continue onto W Loockerman St. Destination will be on the right 0.3 mi.
City DOVER
Buyer Agent Compensation 3
Disclosures None
Total Units 1
MLS Area Capital (30802)
Lot Size Square Feet 6500.00
Waterfront Y/N N
Street Name LOOCKERMAN
Tax Annual Amount 1739.0
Property Condition Good
Price Per Sq Ft 189.09
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 212
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Legal Subdivision COMEGYS LOTS
Tax Lot 5300-000
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Paved Parking Private
Water Source Public
Inclusions Appliances Commerical Kitchen Equipment Furniture Business
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2750.00
Lot Dimensions 51.74 x 131.70
Lot Size Acres 0.15
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Assessor
Other Equipment None
Road Responsibility City/County State
Land Assessed Value 7800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 415
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* Excluded Features
List By
Keller Williams Realty Central-Delaware

Broker

nik@theriveragroupde.com

Email

Affordability Calculator

$3,601
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,456
Monthly Property Taxes
$145
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2023$520,000 Listed Price

Map


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415 W Loockerman Street, Dover, DE, 19901 is a Commercial Property for sale at $520,000 with 2,750 sqft and a lot size of 0.15. 415 W Loockerman Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 19901 which is in Dover, DE