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    OFF-MARKET
    Retail properties & Spaces

    1-9 Loockerman St, Dover, DE 19901

    7,114 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,114 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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