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Dover Land Assemblage For Sale
For Sale
$500,000

400-410 S GOVERNORS AVENUE, Dover, DE 19901

Corner lot with development potential near downtown Dover landmarks.

Property Size3,470 SF
Lot Size0.34 Acres
Price / SF$144.09
Days on Market1031

Property Features for 400-410 S GOVERNORS AVENUE

General Information

Standard status Active
Size 3,470 SF
Lot size 0.34 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 2025
Listing Agency: McGinnis Commercial Real Estate
Listed By: Phil McGinnis · License #R1-0001967
Source: Exitrealty
Added: Oct 11, 2023 Changed: Jul 10 Last Checked: Aug 6 at 4:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McGinnis Commercial Real Estate

Investment Insights

Based on property information with market context.

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 consists of 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. 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.

Key Highlights

  • Prime location on Governors Ave, a major north‑south route in Dover, DE.
  • Assemblage of four parcels totaling 14,993 sq ft of land.
  • Zoned C2‑A, permitting a wide variety of commercial uses including office, retail, hotel, and restaurants.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Catering Service Plumbing Service Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,333
Businesses Nearby

Demographics for 19901, DE

36,839
Population
15,443
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
89%
High-School Grad
75.8 sq mi
ZIP Area
486
Density / Sq Mi
$63,891
Median Household Income
$33,069
Median Earnings
$1,353
Median Rent
$258,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner lot with development potential near downtown Dover landmarks.
Where is this commercial land located?
The property is located at 400-410 S GOVERNORS AVENUE Dover, DE.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime location on Governors Ave, a major north‑south route in Dover, DE.; Assemblage of four parcels totaling 14,993 sq ft of land.; Zoned C2‑A, permitting a wide variety of commercial uses including office, retail, hotel, and restaurants.
More about this property
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