228 N State Street, Dover, DE 19901 - Photo 1

1/1

$643,000

Sold
Closed
Business

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Property Description

Here's the rare opportunity to purchase Dover's very own State Street Inn. This stunning 5 star rated bed and breakfast located on a half acre in the downtown historic district is warm, welcoming and beautifully appointed. Spacious and well equipped to host meetings or small events. Gourmet kitchen, charming parlor with fireplace, cozy library, exercise room. Comfy, private owner's suite on main level. Once home to Simeon Selby Pennewell, the 55th Governor of the State of Delaware. All 4 guest rooms feature a private, full bath. Spacious inn keeper's suite located off the parlor on the main floor. Also included is a tenant occupied, 900 sq ft., 2 bedroom apartment above the oversized garage, lease in place. Financials available upon request.

Full Property Details

Full Property Details for 228 N State St

General

Sold For: $643,000
Taxes: $5,205 (2022)
Status: Closed
Type: Business
Source: BrightMLSPhilly
MLS ID: DEKT2018480
Added to Site: 1, 093 day(s) ago

Business

Business Type: Bed and Breakfast

Parking

Total Spaces: 8
Parking Type: On Street, Parking Lot, Private Garage

Location

Area: Capital (30802)
County: Kent
Development Name: Olde Dover
Subdivision: Olde Dover
Building Name: NONE AVAILABLE
Driving Directions: Start GPS
City Limits: Yes

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Frame
Foundation: Permanent
Stories/Levels: 0
Year Built: 1928
Year Built Source: Estimated

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.52
Lot Size (Sq. Ft.): 22,800
Lot Size Source: Estimated
Lot Dimensions: 150.00 x 151.60
Zoning: RG1

Financial Considerations

Price Per Sq. Ft.: $163.6
Assessment Year: 2022
School Tax: $2,647
City/TownTax: $2,246
City/TownTax Freq: Annually
County Tax: $312
County Tax Freq: Annually
Tax w/Assessment: $104,000
Tax Amount: $5,205
Tax Year: 2022

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Some furniture items and artwork (seller to provide detailed list).
Inclusions: All kitchen appliances, washer and dryer. All items needed to operate bed and breakfast.
Lot Number: 5000-000

Listed by Burns & Ellis Realtors, Tracy L Surguy
Sold by Bryan Realty Group, Tyler Anaya

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Listing agent

— 228 N State St —

Tracy L Surguy

Burns & Ellis Realtors

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Schools

Schools serving 228 N State St

School District:Capital School District

Name	Grades	Distance
Fairview Elementary School 700 Walker Road, Dover, DE 19904	PK-4	0.7 mi
William Henry Middle School 65 Carver Road, Dover, DE 19904	5-6	0.8 mi
Central Middle School, Dover, DE 211 Delaware Avenue, Dover, DE 19901	7-8	0.2 mi
Dover High School One Dover High Drive, Dover, DE 19904	9-12	2.6 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 228 N State St

Date

Details

Price

Change

Source

9/29/2023

Sold

$643,000

-1.08%

MLS

5/24/2023

Price Reduced

$650,000

-8.45%

MLS

4/04/2023

Listed

$710,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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228 N State Street, Dover, DE 19901 (MLS# DEKT2018480) is a Business property that was sold at $643,000 on September 29, 2023. Want to learn more about 228 N State Street? Do you have questions about finding other Business real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.

228 N State St Dover, DE 19901