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400 400-410 S Governors Ave , Dover, DE 19901
$500,000
Est. Payment: $2,734.40/mo
0.34 Acres
Status: active | Days on site: 1116
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MCGINCOM - 3154593
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House Description

This property is an assemblage of four parcels located on the southwest corner of South Governors Ave and Bank Lane, between Loockerman St and Water St, in the City of Dover, Kent County, Delaware. The property is four parcels assembled into 14,993 +/- sq ft of land, with two buildings totaling 3,470 sq ft, including an office, retail space, and an apartment. The property is zoned C2-A, Limited Central Commercial Zone, which permits a variety of uses including office, retail, hotel, churches, restaurants, personal service establishments, and many more. All central utilities are connected to the property in sufficient capacity to accommodate a number of alternative uses, including multi- family, office, retail, and storage, among others. The existing buildings should be demolished and removed. Governors Ave is a major north – south linkage route in the City of Dover. The new courthouse is to be built directly across the street. Many important landmarks are located nearby, including the existing courthouses, Dept of Justice, Downtown Dover, Legislative Hall, and Loockerman St for east-west linkage.

Highlights

Listed by Philip McGinnis , 3027361538 McGinnis Commercial Real Estate , 3027361538. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.34

Year Built

2025

County

Kent

Area

Capital (30802)

School District

Capital

Listing ID

DEKT2023284

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:Corner,Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:105.50 x 140.00
Zoning:C2A
Sewer:Public Sewer
Principal Interest
$2,734
Taxes
$3

Home Price

$500,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$100,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,734.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,734.40 $2.58 $0.00 $2,736.99
Yearly $32,812.86 $31.00 $0.00 $32,843.86
Total $984,385.78 $930.00 $0.00 $985,315.78
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Dover, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS