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118 W Division Street, Dover, DE 19901

$599,000
  • 118 W Division Street, Dover, DE 19901 Main Photo

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ACTIVE
MLS#DEKT2044594
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLCAPITAL

Property Description

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.

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.

Property Features

Property Type: Commercial -
Cooling: None
Fuel Type: Oil
Heating: Baseboard - Electric
Lot Size: 0.07 Acres
Roof Type: Pitched
Taxes: $2,325
Year Built: 1900

Feature Descriptions

Building Name: NONE AVAILABLE
Days on Site: 11
Electric: Circuit Breakers
Exterior: Vinyl Siding
Flooring: Wall to Wall Carpeting, Vinyl
Lot Dimensions: 0.07 Acre(S)
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 4
Water: Public

Local Schools

School District: CAPITAL

Listed By / Shown By

Listed By

Agency Name: RE/MAX Horizons
Agency Phone: 3026784300

Shown By

Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297

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