305-307 State St Dover, DE 19901
- Office Properties & Spaces
- 1,450 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 305-307 State St
- Property size
- 1,450 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Apartment buildings
Description
This exceptional mixed-use property, located at 305-307 S State St in Dover, Delaware (zip code 19901), presents a unique investment opportunity. The building, zoned RGO, offers a versatile layout encompassing approximately 1,652 square feet of executive office space on the first floor, and a 1,452 square foot apartment on the second floor. The basement, while unfinished, provides approximately 1,450 square feet of valuable storage space. The total square footage of the building ranges from 1,450 to 1,652 square feet, depending on the inclusion of the basement. This prime downtown Dover location offers excellent visibility and accessibility. The asking price for this property is $460,000. This presents a compelling opportunity for investors seeking a blend of income-generating office space and residential rental potential in a thriving Delaware market. The property's zoning allows for a variety of uses, making it an adaptable asset for future development or continued operation in its current configuration. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dover
- County
- Kent
- State
- Delaware
- Longitude
- -75.5238
- Latitude
- 39.1571
