1155 Governors AveDover, DE 19904

  • Commercial real estate
  • 8,639 SF
For Sale
$1,395,000 View listing

Property Details for 1155 Governors Ave

Year built
1970
Lot size
0.51 AC
Property size (Sq ft)
8,639 SF
Zone code
BG
Property type
Commercial real estate
APN
2-00-086.05-01-19.01-000
APU
20008605011901000

Description

This exceptional commercial property, situated on a 0.51-acre lot at 1155 S Governors Avenue in Dover, Delaware, presents a unique investment opportunity. The 4,992 square foot building is strategically located, offering dual frontage on S. Governors Avenue and Southbee Drive, ensuring high visibility and easy access from Route 13. The property's versatility makes it suitable for a wide range of businesses, particularly those in the automotive repair industry. The building is equipped with six overhead doors and six lifts, ready for immediate use, minimizing setup time and maximizing operational efficiency. A comfortable waiting room/front desk area provides a welcoming space for customers, while private offices offer a dedicated area for administrative tasks and business operations. Ample storage space is available throughout the building, accommodating tools, equipment, and supplies. The property also features abundant parking and dual access points from the front and rear, facilitating convenient customer access and efficient deliveries. This prime location, combined with the building's functional layout and ready-to-use features, makes it an attractive option for entrepreneurs seeking a turnkey workspace or established businesses looking to expand. The asking price is $1,395,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,225,996
    Hospitality
    $3,870,990
    Educational
    $3,220,618
    Medical
    $3,331,380
    Retail
    $5,009,850
1155 Governors Ave, Dover, Delaware

Location Insight

City
Dover
County
Kent
State
Delaware
Latitude
39.1383
Longitude
-75.5263
CBSA code
20100
CBSA name
DOVER, DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,944
$40,100
$159,600
$199,700
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