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446 - 448 S Governors Avenue, Dover, DE

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446 - 448 S Governors Avenue

Dover, DE 19904-6735 - Kent County Submarket

(1.3 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1950
Building Size:8,065 SF Land Area:.48 AC (20,996 SF)
For Sale Price:$649,000 Price/SF:$80.47
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 1.86/1,000 SF
Features:Bus Line, Signage, Signalized Intersection
8,065 SF is available to occupy upon purchase.

Sale Notes:
The property has approximatley 22,450 square feet of land with approxiamtely 150 feet fronting Governors Avenue and approximately 148 feet fronting Water Street. Shotgun Alley is on the west side of the property. The free-standing block retail building has two sections, and totals approximately 8,800 square feet. All utilities area available is adequate capacity for any number of alternative uses.
This property is located within the Downtown Dover Development District, which affords matching grants from the state, county, and municipal government for construction and renovation expenses. The property is located on the northwest corner of South Governors Avenue and West Water Street, three blocks south of Loockerman Street and Downtown Dover, two blocks east of Dover Police Department and JP Court, three blocks west of Legislative Hall, and two blocks north of BayHealth Medical Center. Governors Avenue is Alt Route 13, a major north - south linkage route.

McGinnis Commercial Real Estate
Philip J McGinnis
(302) 736-1538

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