120/142 S GOVERNORS AVE Dover, DE 19901

$1,400,000
Call 1-800-839-1363
6558456

Commercial Property for sale in Dover, DE

for $1,400,000. This 16,783 square foot building was built in 1967 on a lot size of 2.02 Acre(s).

Property Information

  • $1,400,000
  • Commercial
  • 16,783 Square Feet
  • Taxes are $10,159
  • Other / Unknown
  • Active
  • Lot size of 2.02 Acre(s)
  • Built in 1967
  • Dover, DE
  • Kent County
  • MLS/Web ID is 6558456

Description

D-6509 - Flexible development opportunity, City of Dover has given preliminary approval for two (2) new commercial buildings to be constructed on this site in Downtown Dover. One (1) for 24 apartments, one (1) for 27 apartments and retail space on first floor, 11, 875 +/- S.F. This unit can be built without disturbing the existing tenant. This unit can be purchased separate for $595, 000. The property has been subdivided to accommodate separate owners. Buy one or buy both. For the Investor, this property is currently occupied by two (2) excellent tenant leases. This site has numerous possibilities for future development.

Interior 2

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Driveway

  • Paved Driveway

Exterior

  • Other

Garage

  • Parking Garage

Lot Description

  • Level/Flat

Miscellaneous 4

Acceptable Finance

  • Conventional

Commercial

  • Sale Includes Building & Land

Location

  • Downtown

Utilities

  • Gas
  • Other
  • Water

† Excluded Feature

Neighborhood & Schools

School District: Capital

 See complete school information

Listed By

Broker: ERA HARRINGTON REALTY-DOVER

120/142 S GOVERNORS AVE, Dover, DE, 19901 is a Commercial Property for sale at $1,400,000 with 16,783 sqft and a lot size of 2.02 Acre(s). 120/142 S GOVERNORS AVE was built in 1967. The property's zip code is 19901 which is in Dover, DE

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Market Pricing

Average % of sale price Median % of sale price
All listings in Dover $334,486 76 % below $259,900 81 % below
Commerical listings in Dover $586,484 58 % below $455,000 68 % below
Sold listings in Dover $152,547 89 % below $153,000 89 % below

Get the facts about Dover, DE!

Population 37,501
Population Growth (since 2000) 14 %
Median Income $47,988
Median Age 32.94
Households w/ Children 26 %

Residential Dwellings

  • Owned 7785
  • Vacant 1184
  • Rented 6578

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