16 W Blackwell St - Office FOR SALE


Dover, NJ 07801
$2,000,000 USD
973-865-3456
16 W Blackwell St, Dover, NJ for Sale
$2,000,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

NEW


16 W Blackwell St
Dover, NJ 07801


HIGHLIGHTS

  • Nearly fully occupied with 12 rental units, providing immediate and reliable cash flow.
  • Excellent transit-oriented location within walking distance of the Dover Train Station.
  • Benefits from strong downtown foot traffic and exposure along Blackwell Street.
  • Includes 20 private parking spaces, a significant amenity in a downtown setting.
  • Historic architecture and established tenancy create long-term value and redevelopment flexibility.
  • Suitable for investors seeking stabilized income with future upside through rent growth and tenant repositioning.

OVERVIEW

16 W Blackwell Street, known as the Historic Baker Building, is a prominent mixed-use commercial property located in the heart of Downtown Dover. The three-story landmark building occupies a highly visible corner location along Blackwell Street and is situated just minutes from the Dover Train Station, providing convenient access to commuters, tenants, and customers. The property contains approximately 11,007 square feet of retail and office space and features 12 rental units that are nearly fully leased, generating stable in-place income. Additional amenities include 20 private off-street parking spaces, strong pedestrian traffic, and historic architectural character combined with modern functionality. The building is suitable for a variety of retail, office, professional service, and investment uses.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Opera Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-1

APN/PARCEL ID

09-01217-0000-00001

ASK ABOUT THIS PROPERTY

John NegriColdwell Banker Commercial RealtyMore Info
973-865-3456

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John NegriColdwell Banker Commercial RealtyMore Info
973-865-3456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.