422 Governors Ave Dover, DE 19904-6735
This exceptional mixed-use property, located at 422 S Governors Avenue in Dover, Delaware, presents a compelling investment opportunity. The 7,344 square foot building sits on a 0.14-acre lot and offers significant potential for a variety of uses. The property's strategic location in Dover provides convenient access to major transportation routes and a thriving local economy. The sale includes the adjacent parcel at 418 S Governors Avenue, expanding the overall footprint and development possibilities. This presents a unique chance to acquire a substantial property in a desirable location. The asking price is $895,000. Given the size, location, and dual parcel inclusion, this property is well-suited for investors seeking a strong return on their investment. Serious inquiries are encouraged to explore the full potential of this versatile commercial property. Detailed property information and financial projections are available upon request. This is a rare opportunity to acquire a significant commercial property in a growing Delaware market. Don't miss out on this chance to secure a valuable asset in a prime location.
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The Dance Factory, LLC Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2A · Dover, DECosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.