For Sale
$475,000

1330 Forrest AveDover, DE 19904

Ground lease, 864 sq ft, $475,000

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional executive office building, located at 1330 Forrest Ave in Dover, Delaware, presents a unique investment opportunity. The property boasts 864 square feet of space situated on a 0.64-acre lot, offering significant potential for growth and development. The building is zoned C2A, allowing for a variety of commercial uses. The property is offered as a ground lease with an annual ground lease payment of $40,000. The property's tax records indicate Kent County taxes of $865.75 and City of Dover taxes of $420.22 in 2015. Utilities are provided by the City of Dover and Chesapeake Utilities. The asking price for this prime commercial property is $475,000. The tax parcel number is 2-05-07610-01-5200-000. This property is ideal for an owner-occupier seeking a well-located executive office space or an investor looking for a strong return on investment in a thriving Delaware market. The convenient location in Dover, Delaware, offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained commercial property in a desirable location at an attractive price point. Don't miss out on this chance to own a piece of Dover's commercial landscape.

Highlights

  • 864+/- SF Building Size
  • $475,000 Sale Price
  • $40,000 Annual Ground Lease
  • 0.64+/- Acre Lot Size
  • C2A Zoning
  • Tax Parcel Number: 2-05-07610-01-5200-000

Property Details for 1330 Forrest Ave

Property type
Retail properties, Office properties
Square Feet
864 SF
Lot Size (sq. ft)
27,878 SF

Location Insight

City
Dover
County
Kent
State
Delaware
Latitude
39.1584948
Longitude
-75.554919
1330 Forrest Ave, Dover, Delaware

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1330 Forrest Ave
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