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 TAX PROPERTY | $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.