1-9 Loockerman St, Dover, DE 19901
This exceptional retail property, located at 1-9 W Loockerman St in Historic Downtown Dover, Delaware, offers 7,114 square feet of vacant space ideal for multiple restaurant tenants. Currently undivided, this space is highly adaptable and can be divided into smaller units ranging from a minimum of 1,194 square feet to a maximum contiguous space of 2,181 square feet. The property's prime location in the heart of Dover offers unparalleled convenience and visibility. Its proximity to banks, hospitals, and state offices ensures high foot traffic and a strong customer base. This presents a unique opportunity for businesses seeking a prominent location within a thriving downtown area. The entire 7,114 square feet is currently available, providing flexibility for a single large tenant or multiple smaller occupants. The property is situated in Kent County, Delaware, with a zip code of 19901. This is an excellent chance to establish or expand a restaurant business in a highly desirable and accessible location. The property's size and layout offer significant potential for customization to meet the specific needs of prospective tenants. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.