120/142 S. Governors Avenue
   
$1,400,000
120/142 S. Governors Avenue
Dover, DE 19901
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Square Footage: 16,783
Property Type: Other Business Opportunity
MLS / Listing ID#: 5932717
Express Listing ID: 3112437
Multiple agents serve this property:
M Harrington Sr.
J Parks
ERA Harrington Realty, Inc.
516 Jefferic Blvd.
Dover, DE 19901
Cell: (302) 736-0800
Office: (302) 736-0800
ERA Harrington Realty, Inc.
516 Jefferic Blvd.
Dover, DE 19901
Cell: (302) 242-1336
Office: (302) 736-0800


Description

Flexible development opportunity. City of Dover has given preliminary approval for two (2) new commercial buildings to be constructed on this site in Downtown Dover. One (1) for 24 apartments, one (1) for 27 apartments and retail space on first floor, 11,875 +/- S.F. This unit can be built without disturbing the existing tenant. This unit can be purchased separate for $595,000. The property has been subdivided to accommodate separate owners. Buy one or buy both. For the Investor, this property is currently occupied by two (2) excellent tenant leases. This site has numerous possibilities for future development. Flexible development opportunity. City of Dover has given preliminary approval for two (2) new commercial buildings to be constructed on this site in Downtown Dover. One (1) for 24 apartments, one (1) for 27 apartments and retail space on first floor, 11,875 +/- S.F. This unit can be built without disturbing the existing tenant. This unit can be purchased separate for $595,000. The property has been subdivided to accommodate separate owners. Buy one or buy both. For the Investor, this property is currently occupied by two (2) excellent tenant leases. This site has numerous possibilities for future development.
Listing Courtesy of: ERA Harrington Realty, Inc.


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