31-33 W Loockerman St - Office FOR SALE


Dover, DE 19904- Downtown Dover
$950,000 USD
302-736-0800
31-33 W Loockerman St, Dover, DE for Sale
$950,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

31-33 W Loockerman St
Dover, DE 19904
Downtown Dover


HIGHLIGHTS

  • Mixed-use office and retail building in Dover Delaware’s Central Business District perfect for investors and owners/users alike.
  • Value-add opportunity to lease up vacancies at market rates to increase profits year over year.
  • Prime location in a bustling part of town surrounded by a plethora of shops, retail, restaurants, and residential.
  • Just blocks from noteworthy places the Dover Public Library, Delaware Legislative Hall, Biggs Museum of American Art, and Johnson Victrola Museum.
  • 31 Loockerman has a finished basement | 33 Loockerman basement is unfinished with 3 walk-in coolers | The 2nd floor offices have a private entrance.

OVERVIEW

Desirable Downtown Dover location. Turn Key restaurant. Flexible floor plan can be modified to meet tenant's needs. Easily accessible from Rt. 13 and Rt1 as well as Rt. 8. The first floor is fully leased. Two units with full basements to each unit. 31 Loockerman St has a finished basement. This property is included in the sale. e second floor consists of seven office suites with a large conference room that is shared by all tenants.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cash-Flowing Mixed-Use in Dover CBD

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C2

APN/PARCEL ID

2-05-07709-02-3400-000

ASK ABOUT THIS PROPERTY

Michael HarringtonCentury 21 Harrington Realty, Inc.More Info
302-736-0800

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Michael HarringtonCentury 21 Harrington Realty, Inc.More Info
302-736-0800

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