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Remodeled Mixed-Use Office/Retail
For Sale
$329,900

29 Loockerman, Dover, DE 19904

Remodeled office/retail space with a rented business on the main level and a rented apartment upstairs.

Property Size4,181 SF
Price / SF$78.90
Days on Market59

Property Features for 29 Loockerman

General Information

Standard status Active
Size 4,181 SF
Property subtype Mixed Use
Occupancy 100%

Taxes and HOA fees

Annual Taxes $1,452

Amenities

Central Air, Wall Air Conditioning
C2
Parking.
On Street.
21.06 x 79.75
Other, Downtown.

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Lester Realty
Listed By: Allan Rathbun
Source: Xome
Added: Jun 14 Changed: Aug 8 Last Checked: Aug 11 at 5:44AM

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 Lester Realty

Investment Insights

Based on property information with market context.

Remodeled office/retail space configured with two separate levels. The main level is leased as a business in place, and the upper level is improved as a 2-bedroom apartment.

Both spaces are currently rented. The main level is paying $1,500 per month, with an additional $95 per month for water and sewer. The upper-level apartment rents for $1,100 per month, with $65 per month for water and sewer.

Located on the first block of West Loockerman Street, this property offers a mixed office/retail and residential layout within a single building.

Key Highlights

  • Remodeled office/retail space on West Loockerman Street, first block
  • Both levels are currently rented: main level office/retail lease at $1,500/month
  • Main level tenant pays $95/month for water and sewer

Property Analytics

Current Use

Hemel Gestuur Specialty Food Shop Pro Sticks Academy Training Centre Signature Stitches Production Facility

Suggested Use

Top Pick Carpet & Flooring Store Catering Service Veterinary Clinic Plumbing Service Pet Grooming Service (Bike/Boat/Book/etc) Store

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,333
Businesses Nearby

Demographics for 19904, DE

36,880
Population
16,047
Households
2.3
Avg Household Size
38
Median Age
27%
College-Educated
91%
High-School Grad
43.2 sq mi
ZIP Area
854
Density / Sq Mi
$66,885
Median Household Income
$39,459
Median Earnings
$1,240
Median Rent
$281,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Remodeled office/retail space with a rented business on the main level and a rented apartment upstairs.
Where is this office units located?
The property is located at 29 Loockerman Dover, DE.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Remodeled office/retail space on West Loockerman Street, first block; Both levels are currently rented: main level office/retail lease at $1,500/month; Main level tenant pays $95/month for water and sewer
More about this property
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