Fully stabilized 5-unit investment opportunity in the heart of Downtown Dover. All units recently leased within the past two months, providing immediate, reliable cash flow. Four of the five units have been refreshed/updated, reducing near-term capital needs for a new owner. Rents supported and currently at allowable maximum levels, offering strong and consistent income performance. Tenants pay their own utilities, keeping operating expenses low. Property is located within the Downtown Dover revitalization area with ongoing investment, redevelopment, and long-term growth potential nearby. Zoned C-1A, allowing flexible mixed-use possibilities including office, or small commercial applications Turnkey, stabilized rental with strong cap rate potential and minimal vacancy risk.
Listed By
Agency Name: RE/MAX Horizons
Agency Phone: 3026784300
Shown By
Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297
118 W Division Street | MLS# DEKT2044594
This commercial property located at 118 W Division Street, Dover, DE 19901 is currently listed for sale with an asking price of $599,000. W Division Street is located within the CAPITAL school district. Search Dover real estate on www.maverickrealtyusa.com today.