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Versatile Commercial Property with Remodeled Home
For Sale
$650,000

885 DOVER LEIPSIC Rd, Dover, DE 19901

Commercial property featuring a remodeled home and spacious attached garage.

Property Size875 SF
Lot Size0.40 Acres
Price / SF$742.86
Days on Market152

Property Features for 885 DOVER LEIPSIC Rd

General Information

Standard status Active
Size 875 SF
Lot size 0.40 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,388

Building Details

Year Built 1961
Units 1
Listing Agency:
Listed By: James Swalm
Source: Elliman
Added: Mar 23 Changed: Aug 12 Last Checked: Aug 20 at 10:17AM

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 James Swalm

Investment Insights

Based on property information with market context.

This commercial property in Dover presents an opportunity for investors, entrepreneurs, or owner-operators. Zoned recreational/commercial, the property includes a fully remodeled 2-bedroom, 2-bath home and a spacious 25x35 attached garage suitable for a workshop, business use, or live/work setup. The home features upgrades throughout, including new subflooring, vinyl siding, replaced insulation and drywall in exterior walls, and a new 200-amp electrical panel. Interior finishes include 3/4” hardwood flooring in the living and dining areas, DuraCeramic tile in the kitchen, baths, and laundry, Wolf cabinetry, granite countertops, and crown molding. Comfort and efficiency are enhanced with five Hunter ceiling fans, all-new LED lighting, and a Rheem Prestige tankless water heater. The attached garage is fully insulated with insulated doors, epoxy floors, and its own ductless heating and cooling system. It also features a 50-amp subpanel, LiftMaster side-mount opener, a large ceiling fan, and upgraded LED lighting. A 9-camera security system with a monitor and 3TB NVR provides 360-degree exterior coverage. The owner has maintained an adjacent ¼ acre piece of land for the past 20 years.

Key Highlights

  • Zoned recreational/commercial, offering versatile possibilities.
  • Fully remodeled 2‑bedroom, 2‑bath home with extensive upgrades.**
  • Spacious 25x35 attached garage, fully insulated with insulated doors, epoxy floors, ductless heating/cooling, and a 50‑amp subpanel.**

Property Analytics

Current Use

Speedway South Lot Parking Lot & Garage

Suggested Use

Top Pick Dental Office Building Supply Pharmacy Auto Repair Shop Law Firm Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

359
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property featuring a remodeled home and spacious attached garage.
Where is this mixed-use property located?
The property is located at 885 DOVER LEIPSIC Rd Dover, DE.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Zoned recreational/commercial, offering versatile possibilities.; Fully remodeled 2‑bedroom, 2‑bath home with extensive upgrades.**; Spacious 25x35 attached garage, fully insulated with insulated doors, epoxy floors, ductless heating/cooling, and a 50‑amp subpanel.**
More about this property
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