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120/142 S Governors Ave, Dover, DE 19901

$1,400,000

  • For Sale
  • Active
  • Commercial
120/142 S Governors Ave, Dover, DE 19901 View this property at 120/142 S Governors Ave, Dover, DE 19901
120/142 S Governors Ave Dover DE 19901

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Property 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.

Full Property Details for 120/142 S Governors Ave

  • Price: $1,400,000
  • Taxes: $10,159 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 6558456
  • Updated: 11/1/2017
  • Added: 1, 120 day(s) ago

Property History

  • 120/142 S Governors Ave, Dover, DE
  • Listed at $1,400,000 on 4/23/15

Business

  • Building/Business: Commercial, Retail, Apartment Building

Location

  • Area: Capital (30802)
  • County: KENT
  • Driving Directions: Governors Avenue, Downtown Dover, across from Dover Fire Station.

Utilities

  • Utility Description: Water Available, Sewer Available, Gas Available

Structural Information

  • Square Feet: 16,783
  • Year Built: 1967

Lot Features

  • Lot Size (Acres): 2.02
  • Lot Dimensions: 255 x 301 x 254 x 302
  • Frontage: Boro/Township
  • Topography: Level
  • Zoning: C2

Financial Considerations

  • Tax Amount: $10,159
  • Tax Year: 2016

Disclosures and Reports

  • Ownership: Fee Simple

Listed by ERA Harrington Realty-Dover

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Estimate the Cost

120/142 S Governors Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

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120/142 S Governors Ave, Dover, DE 19901 (MLS# 6558456) is a Commercial property. 120/142 S Governors Ave is currently listed for $1,400,000 and was received on October 30, 2014. Want to learn more about 120/142 S Governors Ave? Do you have questions about finding other Commercial real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.

Listed by ERA Harrington Realty-Dover