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, and Loockerman St for east-west linkage.
Details
MLS#
DEKT2023284
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
2025
Days On Site
389
Listing Provided By
McGinnis Commercial Real Estate | Philip McGinnis
Features
Zoning
C2A
Acreage
0.34
Market Activity 19901
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Oct 2024
Sales: 3
Avg $ Per SqFt: $58.13
Min Sale Price: $1,100
Max Sale Price: $185,000
Med Sale Price: $1,850
Date: Sep 2024
Sales: 14
Avg $ Per SqFt: $122.62
Min Sale Price: $995
Max Sale Price: $440,000
Med Sale Price: $197,250
Date: Aug 2024
Sales: 17
Avg $ Per SqFt: $226.7
Min Sale Price: $1,400
Max Sale Price: $455,000
Med Sale Price: $325,000
Date: Jul 2024
Sales: 7
Avg $ Per SqFt: $168.08
Min Sale Price: $1,500
Max Sale Price: $340,000
Med Sale Price: $254,000
Date: Jun 2024
Sales: 3
Avg $ Per SqFt: $126.85
Min Sale Price: $140,000
Max Sale Price: $375,000
Med Sale Price: $320,000
Date: May 2024
Sales: 6
Avg $ Per SqFt: $135.03
Min Sale Price: $39,900
Max Sale Price: $650,000
Med Sale Price: $229,500
Date: Apr 2024
Sales: 5
Avg $ Per SqFt: $9.44
Min Sale Price: $8,500
Max Sale Price: $80,000
Med Sale Price: $11,100
Date: Mar 2024
Sales: 1
Avg $ Per SqFt: $206.09
Min Sale Price: $294,500
Max Sale Price: $294,500
Med Sale Price: $294,500
Date: Feb 2024
Sales: 4
Avg $ Per SqFt: $135.79
Min Sale Price: $1,500
Max Sale Price: $312,000
Med Sale Price: $187,500
Date: Jan 2024
Sales: 2
Avg $ Per SqFt: $125.72
Min Sale Price: $270,000
Max Sale Price: $460,000
Med Sale Price: $365,000
Date: Dec 2023
Sales: 1
Avg $ Per SqFt: $180.51
Min Sale Price: $352,000
Max Sale Price: $352,000
Med Sale Price: $352,000
Sourced by Back At You
Oct 2024
Sales:
3
Avg $ Per SqFt:
$58.13
Min Sale Price:
$1,100
Max Sale Price:
$185,000
Med Sale Price:
$1,850
Sep 2024
Sales:
14
Avg $ Per SqFt:
$122.62
Min Sale Price:
$995
Max Sale Price:
$440,000
Med Sale Price:
$197,250
Aug 2024
Sales:
17
Avg $ Per SqFt:
$226.7
Min Sale Price:
$1,400
Max Sale Price:
$455,000
Med Sale Price:
$325,000
Jul 2024
Sales:
7
Avg $ Per SqFt:
$168.08
Min Sale Price:
$1,500
Max Sale Price:
$340,000
Med Sale Price:
$254,000
Jun 2024
Sales:
3
Avg $ Per SqFt:
$126.85
Min Sale Price:
$140,000
Max Sale Price:
$375,000
Med Sale Price:
$320,000
May 2024
Sales:
6
Avg $ Per SqFt:
$135.03
Min Sale Price:
$39,900
Max Sale Price:
$650,000
Med Sale Price:
$229,500
Apr 2024
Sales:
5
Avg $ Per SqFt:
$9.44
Min Sale Price:
$8,500
Max Sale Price:
$80,000
Med Sale Price:
$11,100
Mar 2024
Sales:
1
Avg $ Per SqFt:
$206.09
Min Sale Price:
$294,500
Max Sale Price:
$294,500
Med Sale Price:
$294,500
Feb 2024
Sales:
4
Avg $ Per SqFt:
$135.79
Min Sale Price:
$1,500
Max Sale Price:
$312,000
Med Sale Price:
$187,500
Jan 2024
Sales:
2
Avg $ Per SqFt:
$125.72
Min Sale Price:
$270,000
Max Sale Price:
$460,000
Med Sale Price:
$365,000
Dec 2023
Sales:
1
Avg $ Per SqFt:
$180.51
Min Sale Price:
$352,000
Max Sale Price:
$352,000
Med Sale Price:
$352,000
MLS Number: DEKT2023284
Philip McGinnis – (302) 736-1538 – pjm@mcginnisrealty.com
McGinnis Commercial Real Estate – (302) 736-1538 – pjm@mcginnisrealty.com
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