400-410 Governors AveDover, DE 19904

Property Details for 400-410 Governors Ave

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 14,993 square foot commercial land parcel, located at 400-410 S Governors Ave in Dover, Delaware (19904), presents a unique investment opportunity. Situated on the southwest corner of South Governors Ave and Bank Lane, this assemblage of four parcels boasts a prime location between Loockerman St and Water St. Currently featuring two buildings totaling 3,470 square feet (office, retail, and apartment space), these structures are slated for demolition, allowing for complete redevelopment. The property is zoned C2-A (Limited Central Commercial Zone), permitting diverse uses including office, retail, hotel, restaurants, and more. All essential utilities are readily available. This high-traffic corner lot benefits from its proximity to the new courthouse, existing courthouses, the Department of Justice, Downtown Dover, Legislative Hall, and BayHealth Hospital. Governors Ave provides excellent north-south connectivity, while Loockerman St offers east-west access. The fee simple ownership and the potential for various developments make this a compelling investment prospect. The APN is ED05-07709-03-2700-3000. Asking price is $500,000.

Location Insight

City

Dover

County

Kent

State

Delaware

Latitude

39.1554

Longitude

-75.5265

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