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Dover Land Assemblage For Sale
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400-410 S Governors Ave, Dover, DE 19904

Land assemblage with existing buildings in downtown Dover, Delaware.

Property Size3,470 SF
Lot Size0.34 Acres
Price / SF$144.09
Days on Market1029

Property Features for 400-410 S Governors Ave

General Information

Standard status Active
Size 3,470 SF
Lot size 0.34 Acres
Property subtype Land
Zoning C2-A
Listing Agency: McGinnis Commercial Real Estate
Listed By: Phil McGinnis · License #DE RB-0001967
Source: Crexi
Added: Oct 13, 2023 Changed: Jul 10 Last Checked: Jul 10 at 11:20AM

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 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, and personal service establishments. All central utilities are connected to the property. 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 BayHealth Hospital. The property can accommodate a number of alternative uses, including multi- family, office, retail, and storage.

Key Highlights

  • Prime location on the southwest corner of South Governors Ave and Bank Lane, directly across from the site of the new courthouse.
  • High‑value land assemblage: 14,993 +/- sq ft of land comprised of four parcels.
  • Flexible C2‑A zoning permits a wide variety of commercial uses including office, retail, hotel, restaurants, and multi‑family.

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

723
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land assemblage with existing buildings in downtown Dover, Delaware.
Where is this commercial land located?
The property is located at 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: Prime location on the southwest corner of South Governors Ave and Bank Lane, directly across from the site of the new courthouse.; High‑value land assemblage: 14,993 +/- sq ft of land comprised of four parcels.; Flexible C2‑A zoning permits a wide variety of commercial uses including office, retail, hotel, restaurants, and multi‑family.
(302) 270-0656 Call to check price and availability
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