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    1155 Governors Ave Dover, DE 19904

    For Sale
    $1,395,000

    Versatile 4,992 sq ft building, ideal for auto repair.

    Property size:
    4,992 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, situated on a 0.51-acre lot at 1155 S Governors Avenue in Dover, Delaware, presents a unique investment opportunity. The 4,992 square foot building is strategically located, offering dual frontage on S. Governors Avenue and Southbee Drive, ensuring high visibility and easy access from Route 13. The property's versatility makes it suitable for a wide range of businesses, particularly those in the automotive repair industry. The building is equipped with six overhead doors and six lifts, ready for immediate use, minimizing setup time and maximizing operational efficiency. A comfortable waiting room/front desk area provides a welcoming space for customers, while private offices offer a dedicated area for administrative tasks and business operations. Ample storage space is available throughout the building, accommodating tools, equipment, and supplies. The property also features abundant parking and dual access points from the front and rear, facilitating convenient customer access and efficient deliveries. This prime location, combined with the building's functional layout and ready-to-use features, makes it an attractive option for entrepreneurs seeking a turnkey workspace or established businesses looking to expand. The asking price is $1,395,000.

    Property Features for 1155 Governors Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,992 SF
    Lot Size
    22,216 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Capitol Tire & Auto ... Tire Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dover
    County
    KENT
    State
    Delaware
    Longitude
    -75.5263
    Latitude
    39.13829

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 4,992 sq ft building, ideal for auto repair.
    Where is this commercial real estate located?
    The property is located at 1155 Governors Ave Dover, DE.
    What is the asking price?
    The asking price for this property is $1,395,000.
    (302) 734-4414
    Request Owner's contact information
    1155 Governors Ave Dover, DE 19904
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    Dover, DE 19904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1155 Governors Ave Dover, DE 19904
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