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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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Larry Thompson • R&R Commerical Realty
$975,000
Est. payment /mo
1.11 Acres Lot
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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

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Bright MLS (BMLS)
Nearby Locations
Simone Velvel

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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540 S MARTIN LUTHER KING JR BLVD

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