540 S MARTIN LUTHER KING JR BLVD, Dover, DE 19901
540 S MARTIN LUTHER KING JR BLVD, Dover, DE 19901
540 S MARTIN LUTHER KING JR BLVD, Dover, DE 19901
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Listed by Larry Thompson • R&R Commerical Realty
$895,000
Est. payment /mo
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1.11 Acres Lot
Price Dropped by $80K

540 S MARTIN LUTHER KING JR BLVD Dover, DE 19901

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DEKT2039476

Year Built 1959

Annual Tax Amount $7,351

Tax Year 2024

Lot Size 1.111 Acres

Acres 1.11

Lot Dimensions 178.00 x 137.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Dover Garden Suites is available for sale! This 9 unit Hotel including an "owners suite" on the 2nd floor is fully sprinklered with a riser room in building. The rooms are generously sized with most having a fully and 1/2 bath as well as a washer. Historically the Hotel has catered to weekly rentals. There is also a very large balance of land that could potentially be utilized for future development. This would need to be investigated by the Purchaser.

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Location

State DE

County Kent

Area Capital (30802)

Zoning C4

Interior

Hot Water Other

Heating Other

Cooling Other, Window Unit(s)

Heat Source Other

Exterior

Garage Spaces 17.0

Water Access N

Accessibility Other

Total Parking Spaces 17

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Capital

Others

Tax ID ED-05-07710-01-4900-000

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Michelle McMaster

Michelle McMaster

Broker License ID: 1542221

+1(856) 335-5586

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540 S MARTIN LUTHER KING JR BLVD

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