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1012 Governors Ave Dover, DE 19904

For Sale
$775,000

Profitable Daycare & Apartment

Property size:
3,962 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
This exceptional mixed-use property at 1012 S Governors Avenue in Dover, Delaware, presents a unique investment opportunity. The main building is a thriving daycare center, fully equipped and operational, currently licensed for up to 55 children. Its open design incorporates a central kitchen and office, providing excellent visibility and accessibility for staff and children. Separate spaces cater to different age groups, including a dedicated nursery. Enhanced security features include integrated indoor and outdoor cameras, and a sound system adds to the children's comfort and well-being. The significant upside potential lies in the possibility of expanding capacity by approximately 30 children with minor renovations. Adding to the property's income stream is a separate two-bedroom apartment located upstairs, boasting a private exterior entrance. This apartment has a proven rental history, generating consistent monthly income of up to $1,400. The property sits on a 0.3-acre lot and encompasses 3,962 square feet of well-maintained space. This turnkey operation offers immediate income generation and substantial growth potential, making it an attractive investment for discerning buyers seeking a blend of commercial and residential income. The property is priced at $775,000, reflecting its strong financial performance and future prospects. This is a rare chance to acquire a well-established, profitable business with significant expansion possibilities.

Property Features for 1012 Governors Ave

General Information

Property type
Mixed-use properties
Square Feet
3,962 SF
Lot Size
13,068 SF

Building Details

Year Built
1952

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dover Early Learning ... Preschool

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Dover
County
Kent
State
Delaware
Longitude
-75.5259
Latitude
39.14313

FAQs

What type of property is this?
Mixed-use property - Profitable Daycare & Apartment
Where is this mixed-use property located?
The property is located at 1012 Governors Ave Dover, DE.
What is the asking price?
The asking price for this property is $775,000.
More about this property
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