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Property profile & analytics
OFF-MARKET
Office Units

19 State St Dover, DE 19901

5,442 SF 0.49 ac lot Built 1890
Property ID
US17-0454616
Property summary
AI-generated overview

This distinctive three-story, 5,442 square foot office building at 19 S State St, Dover, DE 19901, offers exceptional commercial space in the heart of downtown. Built in 1890, this beautifully preserved building boasts 3 suites, with a total of 3,905 square feet currently vacant. Leasing options range from 1,053 to 3,905 contiguous square feet, accommodating businesses of various sizes. The building features high 9-foot ceilings and retains its unique architectural charm. Amenities include a shared break room, kitchen, and restroom. Ample off-street parking for 20 vehicles is available, along with an ADA-compliant ramp for convenient access. The property's prime location across from the Jackson House restaurant and near numerous professional services, the post office, library, and courthouse, provides unparalleled convenience and accessibility. The zoning is RG-0, and the APN is 2-05-07705-04-3000-000. This Class C building presents an unbeatable value in a vibrant downtown Dover location. The land encompasses 0.49 acres. There are no elevators. The minimum divisible space is 1,119 square feet. This is a multi-tenant building.

Property profile
Verified
Property type Office Units
Year built 1890
Total area 5,442 SF
Lot 0.49 ac (21,344 SF)
UPID US17-0454616
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
Current use
Occupant on record · Public records
  • First Preference Mortgage Loan Service Bank
  • Weber Gallagher Simpson Law Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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