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 is four parcels assembled into 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, personal service establishments, and many more. All central utilities are connected to the property in sufficient capacity to accommodate a number of alternative uses, including multi- family, office, retail, and storage, among others. 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 Loockerman St for east-west linkage.
Details
MLS#
DEKT2023284
Listing Type
For Sale
Sub-Type
Resale
Status
ACTIVE-BRIGHT
Year
2025
Days On Site
525
Listing Provided By
McGinnis Commercial Real Estate | Philip McGinnis
Features
Zoning
C2A
Acreage
0.34
Water Front
Yes
Market Activity 19901
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Feb 2025
Sales: 3
Avg $ Per SqFt: $74.78
Min Sale Price: $1,650
Max Sale Price: $239,900
Med Sale Price: $2,000
Date: Jan 2025
Sales: 6
Avg $ Per SqFt: $149.66
Min Sale Price: $1,400
Max Sale Price: $340,000
Med Sale Price: $275,000
Date: Dec 2024
Sales: 6
Avg $ Per SqFt: $156.49
Min Sale Price: $2,700
Max Sale Price: $410,000
Med Sale Price: $273,500
Date: Nov 2024
Sales: 3
Avg $ Per SqFt: $152.36
Min Sale Price: $270,000
Max Sale Price: $490,000
Med Sale Price: $289,500
Date: Oct 2024
Sales: 1
Avg $ Per SqFt: $1.68
Min Sale Price: $2,250
Max Sale Price: $2,250
Med Sale Price: $2,250
Date: Sep 2024
Sales: 1
Avg $ Per SqFt: $146.95
Min Sale Price: $775,000
Max Sale Price: $775,000
Med Sale Price: $775,000
Date: Aug 2024
Sales: 3
Avg $ Per SqFt: $184.89
Min Sale Price: $225,000
Max Sale Price: $449,900
Med Sale Price: $365,000
Date: Jun 2024
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $410,000
Max Sale Price: $410,000
Med Sale Price: $410,000
Date: Apr 2024
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $290,000
Max Sale Price: $290,000
Med Sale Price: $290,000
Sourced by Back At You
Feb 2025
Sales:
3
Avg $ Per SqFt:
$74.78
Min Sale Price:
$1,650
Max Sale Price:
$239,900
Med Sale Price:
$2,000
Jan 2025
Sales:
6
Avg $ Per SqFt:
$149.66
Min Sale Price:
$1,400
Max Sale Price:
$340,000
Med Sale Price:
$275,000
Dec 2024
Sales:
6
Avg $ Per SqFt:
$156.49
Min Sale Price:
$2,700
Max Sale Price:
$410,000
Med Sale Price:
$273,500
Nov 2024
Sales:
3
Avg $ Per SqFt:
$152.36
Min Sale Price:
$270,000
Max Sale Price:
$490,000
Med Sale Price:
$289,500
Oct 2024
Sales:
1
Avg $ Per SqFt:
$1.68
Min Sale Price:
$2,250
Max Sale Price:
$2,250
Med Sale Price:
$2,250
Sep 2024
Sales:
1
Avg $ Per SqFt:
$146.95
Min Sale Price:
$775,000
Max Sale Price:
$775,000
Med Sale Price:
$775,000
Aug 2024
Sales:
3
Avg $ Per SqFt:
$184.89
Min Sale Price:
$225,000
Max Sale Price:
$449,900
Med Sale Price:
$365,000
Jun 2024
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$410,000
Max Sale Price:
$410,000
Med Sale Price:
$410,000
Apr 2024
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$290,000
Max Sale Price:
$290,000
Med Sale Price:
$290,000
MLS Number: DEKT2023284
Philip McGinnis – (302) 736-1538 – pjm@mcginnisrealty.com
McGinnis Commercial Real Estate – (302) 736-1538 – pjm@mcginnisrealty.com
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