Sandra Caracappa Duffy - Coldwell Banker Hearthside
120/142 S Governors Ave
DOVER, DE 19901

$1,400,000

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.

Details

MLS#1000364725
StyleIndustrial
Sub-TypeResale
StatusActive
Year1964
Days On Site235

Features

SQ Feet16,783
Story(s)0
ZoningC2

Market Activity 19901

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Area Information

StateDE
CityDOVER
Zip Code19901
AreaCapital (30802)
Listing VS Median (in 19901)
Price:
$1,400,000
low | high
Med:
$219,945
100% of Average
SqFt:
16,783
low | high
Med:
1,680
100% of Average
$ / SqFt:
$83
low | high
Med:
$134
10.218959449405% of Average
On Site:
235
low | high
Med:
26.5
100% of Average
Listing Updated: 08/17/2018
MLS Number: 1000364725
Listing Provided By:
Mike Harrington  of  ERA Harrington Realty-Dover

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