MLS#DEKT2045894
STATUSACTIVE
PROPERTY TYPECommercial - Office
SCHOOLCAPITAL
Property Description
Prime owner user and value add office opportunity in Dover. This two-unit office condominium offers immediate income with upside through lease up or owner occupancy. The property consists of two separately deeded units totaling approximately 2,070 square feet within North Queen Plaza. The first-floor unit is leased at $1,300 per month with a lease in place through December 2026, providing stable in place income. The second-floor unit is vacant and ready for occupancy, allowing a buyer to operate their business while offsetting costs or lease the space for additional income. Each unit features its own entrance, mailing address, and utilities, providing flexibility and ease of management. The first floor includes four private offices and two restrooms with handicap accessibility. The second floor offers a more open layout with one private office, two restrooms, and access to a private balcony. Shared surface parking is available on site. Quarterly condo fee of $805 covers exterior maintenance, lawn care, and snow removal. Well positioned with access to central Dover, government offices, and surrounding commercial uses. Pro forma potential based on lease up of the vacant unit at market rent consistent with the existing tenancy. Buyer to perform due diligence. PHOTOS REFLECT THE PROPERTY PRIOR TO THE CURRENT TENANT’S OCCUPANCY AND RECENT UPDATES, INCLUDING REPAINTING. THE LEASED UNIT MAY DIFFER IN ITS CURRENT CONDITION. ACCESS FOR UPDATED INTERIOR PHOTOS OF THE OCCUPIED UNIT IS LIMITED. PHOTOS SHOWN REFLECT THE POTENTIAL FOR OWNER OCCUPANCY OR FUTURE USE OF THE SPACE.
Property Features
Property Type: Commercial - Office
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central, Forced Air
Roof Type: Architectural Shingle
Taxes: $1,700
Year Built: 1986
Feature Descriptions
Days on Site: 2
Exterior: Brick Front, Vinyl Siding
Flooring: Luxury Vinyl Plank, Partially Carpeted, Vinyl
Location: Downtown
Lot: Year Round Access
Parking Notes: Paved Parking
Sewer: Public Sewer
Total Garage/Parking Spaces: 10
Units: 1
Utilities: Natural Gas Available, Multiple Phone Lines, Electric Available, Cable TV Available, Phone
Water: Public
Local Schools
High School: DOVER
School District: CAPITAL
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Central-Delaware
Agency Phone: 3026770020
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
383 W North Street, Unit 6-A,B | MLS# DEKT2045894
This commercial property located at 383 W North Street, Unit 6-A,B, Dover, DE 19904 is currently listed for sale with an asking price of $165,000. W North Street, Unit 6-A,B is located within the CAPITAL school district. Search Dover real estate on www.realtymark.net today.