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418-422 S Governors Ave 9,344 SF 100% Leased Retail Building Dover, DE 19904 $995,000 ($106.49/SF)
Investment Highlights
- This property benefits from good visibility and accessibility.
- Convenient access to major roads and highways, including nearby connections to U.S. Route 13 and Delaware Route 1.
- Governors Ave in Dover, DE, is served by DART First State bus routes.
- Located near other businesses, dining options, and essential services, which can enhance customer convenience and foot traffic.
- The area may be experiencing or expected to experience growth, providing opportunities for businesses to benefit from increasing local development.
Executive Summary
Property include parcel 418 S Governors Ave. Property is now off the market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
9,344 SF
Year Built
1959
Price
$995,000
Price Per SF
$106.49
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.63
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C2A - designed to accommodate a wide variety of commercial uses in areas that are intended for business and retail development
Parking
6 Spaces (0.64 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2-05-07709-03-2500-000 | Improvements Assessment | $633,700 |
| Land Assessment | $111,000 | Total Assessment | $744,700 |
Property Taxes
Parcel Number
2-05-07709-03-2500-000
Land Assessment
$111,000
Improvements Assessment
$633,700
Total Assessment
$744,700
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418-422 S Governors Ave
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