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C2-A Commercial Land
New
For Sale
$500,000

400 400-410 S Governors Ave, Dover, DE 19901

Four-parcel assemblage with central utilities and zoning supporting office, retail, multifamily, and other commercial uses.

Property SizeContact for details
Days on Market7

Property Features for 400 400-410 S Governors Ave

General Information

Standard status Active

Building Details

Year Built 2025
Listing Agency: McGinnis Commercial Real Estate
Listed By: Philip McGinnis
Source: Kandorre
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 7 at 6:27AM

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 commercial land assemblage combines four parcels totaling approximately 14,993 sq ft, with two existing buildings containing 3,470 sq ft. The improvements include office, retail, and apartment space, although the buildings are identified for demolition and removal. C2-A, Limited Central Commercial Zone, allows a broad range of uses, including office, retail, hotels, churches, restaurants, and personal services. Central utilities are connected and described as sufficient for alternative uses such as multifamily, office, retail, and storage.

The property occupies the southwest corner of South Governors Ave and Bank Lane in Dover, between Loockerman St and Water St. A new courthouse is planned directly across the street, while existing courthouses, the Department of Justice, Downtown Dover, Legislative Hall, and Loockerman St are nearby. Governors Ave provides a north-south route through the city.

Key Highlights

  • Four‑parcel commercial land assemblage totaling 14,993 +/- sq ft
  • Two existing buildings total 3,470 sq ft and include office, retail space, and an apartment
  • C2‑A, Limited Central Commercial Zone

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

825
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

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Four-parcel assemblage with central utilities and zoning supporting office, retail, multifamily, and other commercial uses.
Where is this commercial land located?
The property is located at 400 400-410 S Governors Ave 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: Four‑parcel commercial land assemblage totaling 14,993 +/- sq ft; Two existing buildings total 3,470 sq ft and include office, retail space, and an apartment; C2‑A, Limited Central Commercial Zone
More about this property
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