Sprinklered 9-Unit
540 S Martin Luther King Jr Boulevard Dover, DE 19901
For Sale
$975,000
Nine-unit hotel with an owners suite and in-building sprinkler system, suited to investors or hospitality operators.
Property Size7,976 SF
Price / SF$122.24
Days on Market376
Property Features for 540 S Martin Luther King Jr Boulevard
General Information
Standard status
Active
Size
7,976 SF
Property subtype
Multi-Family
Building Details
Year Built
1959
Listing Agency:
R&R Commerical Realty
(302) 270-1186
Listed By:
Larry Thompson · License #RS-0018781
(302) 270-1186
Source:
Xome
Added: Jul 17, 2025
Changed: Jul 10
Last Checked: Jun 15 at 2:10AM
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 R&R Commerical Realty
Investment Insights
Based on property information with market context.
Dover Garden Suites is a 9-unit hotel property offered for sale, including an owners suite on the second floor. The building is fully sprinklered, with a riser room located within the property. Guest accommodations are described as generously sized, with most rooms including a full and half bath and a washer. The property has historically catered to weekly rentals, providing a hospitality setup aligned with longer-stay operations.
The hotel is located at 540 S Martin Luther King Jr Boulevard in Dover, Delaware. The offering also includes a very large balance of land that may support future development ideas, subject to investigation and approvals by the purchaser.
For tenants, buyers, or operators seeking a small multi-unit hospitality platform, this configuration supports structured guest use across multiple rooms and includes a dedicated owners suite. The fully sprinklered design and existing interior room layouts may reduce upfront complexity for continued hotel operations, while the additional land provides a potential planning avenue for those evaluating long-term property strategy.
The hotel is located at 540 S Martin Luther King Jr Boulevard in Dover, Delaware. The offering also includes a very large balance of land that may support future development ideas, subject to investigation and approvals by the purchaser.
For tenants, buyers, or operators seeking a small multi-unit hospitality platform, this configuration supports structured guest use across multiple rooms and includes a dedicated owners suite. The fully sprinklered design and existing interior room layouts may reduce upfront complexity for continued hotel operations, while the additional land provides a potential planning avenue for those evaluating long-term property strategy.
Key Highlights
- 9‑unit hotel includes an owners suite on the 2nd floor
- In‑building fire protection: fully sprinklered system with a riser room in the building
- Rooms feature window air conditioning and in‑unit washers (most rooms include full or half baths and a washer)
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Hotel - Nine-unit hotel with an owners suite and in-building sprinkler system, suited to investors or hospitality operators.
Where is this hotel located?
The property is located at 540 S Martin Luther King Jr Boulevard Dover, DE.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 9‑unit hotel includes an owners suite on the 2nd floor; In‑building fire protection: fully sprinklered system with a riser room in the building; Rooms feature window air conditioning and in‑unit washers (most rooms include full or half baths and a washer)
