540 Martin Luther King Jr Blvd - Hospitality FOR SALE


Dover, DE 19901
$1,300,000 USD
302-674-3400
540 Martin Luther King Jr Blvd, Dover, DE for Sale
$1,300,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

540 Martin Luther King Jr Blvd
Dover, DE 19901


HIGHLIGHTS

  • Hotel For Sale in Downtown Dover.
  • 9 Hotel Rooms and 1 Owners Suite.
  • Fully Sprinklered.
  • Pylon Signage.
  • Great Visibility.

OVERVIEW

• Dover Garden Suites For Sale - $1.3M • Property consists of 2 buildings, 6,400 sf on 1.11 acres • 9 hotel rooms and 1 Owner’s Suite • Gated Courtyard allows for greater privacy • High Traffic Location – S. Dupont Hwy sees over 30,000 +/- VPD • Nearby retailers include; Royal Farms, Target, Safeway, Dollar General, and Wawa • Fully Sprinklered • Zoned: C4, allows for a variety of retail, office and medical uses • High Population area with almost 25,000 +/- people within 2 miles

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$203 USD /SF

# OF ROOMS

9

PRICE/ROOM

$144,444 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dover Garden Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1959

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C4

APN/PARCEL ID

2-05-07710-01-4900-000

ASK ABOUT THIS PROPERTY

Larry ThompsonR & R Commercial RealtyMore Info
302-674-3400

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Larry ThompsonR & R Commercial RealtyMore Info
302-674-3400

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