LAND FOR SALE > KELLY GOVERNORS AVE PROPERTY-400-410 S GOVERNORS AVE, DOVER, DE

KELLY GOVERNORS AVE PROPERTY-400-410 SOUTH GOVERNORS AVENUE, DOVER, DE 19904

PROPERTY NAME

KELLY GOVERNORS AVENUE PROPERTY

PRICE

$500,000 * $33 +/- PSF LAND AREA

ADDRESS

400 – 410 SOUTH GOVERNORS AVENUE

DOVER, KENT COUNTY, DELAWARE 19904

PROPERTY TYPE

OFFICE/RETAIL/MULTI-FAMILY PROPERTY

ALTERNATIVE USES

OFFICE, RETAIL, MULTI-FAMILY

BUILDING AREA

3,470 +/- SQ FT TOTAL ALL BLDGS
ASSUME TOTAL DEMOLITION

PARKING

ON – SITE PARKING AVAILABLE

ZONING

C-2A, LIMITED CENTRAL COMMERCIAL ZONE

CITY OF DOVER

TAX MAP

ED05 – 077095 - 03 – 2700 – 0001,

2800 – 0001, 2900 – 0001 & 3000 – 0001

SCHOOL DISTRICT

CAPITAL

CITY TAX ASSESSMENT

$236,300 * $16 +/- PER SQ FT LAND

CITY TAX RATE

$0.415 / $100

CITY PROPERTY TAXES

$1,000 +/- * $0.07 +/- PER SQ FT LAND

COUNTY TAX ASSESSMENT

$301,400 * $20 +/- PER SQ FT LAND

COUNTY TAX RATE

$0.5676 / $100

COUNTY PROPERTY TAXES

$1,750 +/- * $0.11 +/- PER SQ FT LAND

PROPERTY DESCRIPTION : This property is an assemblage of four parcels located on the southwest corner of South Governors Ave and Bank Lane, between Loockerman St and Water St, in the City of Dover, Kent County, Delaware. The property is four parcels assembled into 14,993 +/- sq ft of land, with two buildings totaling 3,470 sq ft, including an office, retail space, and an apartment. The property is zoned C2-A, Limited Central Commercial Zone, which permits a variety of uses including office, retail, hotel, churches, restaurants, personal service establishments, and many more. All central utilities are connected to the property in sufficient capacity to accommodate a number of alternative uses, including multi- family, office, retail, and storage, among others. The existing buildings should be demolished and removed. Governors Ave is a major north – south linkage route in the City of Dover. The new courthouse is to be built directly across the street. Many important landmarks are located nearby, including the existing courthouses, Dept of Justice, Downtown Dover, Legislative Hall, BayHealth Hospital, and Loockerman St for east-west linkage.

Phil McGinnis, CCIM, GAA, ACoM, ALC, e-PRO

 

Office :

(302) 736 - 1538

Cell :

(302) 270 - 0656

Fax :

(302) 736 - 2715

Email:

pjm@mcginnisrealty.com

ALL INFORMATION SUBMITTED SUBJECT TO ERRORS AND MODIFICATIONS. ALL INFORMATION CONTAINED HEREIN OBTAINED FROM RELIABLE SOURCES BUT NOT GUARANTEED. PROSPECTIVE PURCHASERS SHOULD VERIFY ALL INFORMATION SUBMITTED. LISTING BROKERAGE REPRESENTS SELLER.

 

555 East Loockerman St. Dover, Delaware 19901 • Phone:302.736.2710 Fax: 302.736.2715
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