120/142 S Governors Ave Dover, Delaware 19901
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D-6509 - Flexible development opportunity, City of Dover has given preliminary approval for two (2) new commercial buildings to be constructed on this site in Downtown Dover. One (1) for 24 apartments, one (1) for 27 apartments and retail space on first floor, 11,875 +/- S.F. This unit can be built without disturbing the existing tenant. This unit can be purchased separate for $595,000. The property has been subdivided to accommodate separate owners. Buy one or buy both. For the Investor, this property is currently occupied by two (2) excellent tenant leases. This site has numerous possibilities for future development.
Square Feet: 16783.0
Lot Area Acre: 2.02
School District: Capital
Estimated Taxes: $10,130
Listing courtesy of Era Harrington Realty-dover.