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Cash-Flowing Mixed-Use in Dover CBD 31-33 W Loockerman St 8,550 SF 100% Leased Office Building Dover, DE 19904 $1,326,124 CAD ($155.10 CAD/SF)
INVESTMENT HIGHLIGHTS
- Mixed-use office and retail building in Dover Delaware’s Central Business District perfect for investors and owners/users alike.
- Prime location in a bustling part of town surrounded by a plethora of shops, retail, restaurants, and residential.
- 31 Loockerman has a finished basement | 33 Loockerman basement is unfinished with 3 walk-in coolers | The 2nd floor offices have a private entrance.
- Value-add opportunity to lease up vacancies at market rates to increase profits year over year.
- Just blocks from noteworthy places the Dover Public Library, Delaware Legislative Hall, Biggs Museum of American Art, and Johnson Victrola Museum.
EXECUTIVE SUMMARY
Desirable Downtown Dover location. Turn Key restaurant. Flexible floor plan can be modified to meet tenant's needs. Easily accessible from Rt. 13 and Rt1 as well as Rt. 8. The first floor is fully leased. Two units with full basements to each unit. 31 Loockerman St has a finished basement. This property is included in the sale. e second floor consists of seven office suites with a large conference room that is shared by all tenants.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Title Verification - DO NOT PUBLISH
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
8,550 SF
Building Class
B
Year Built
1945
Price
$1,326,124 CAD
Price Per SF
$155.10 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,275 SF
Building FAR
1.96
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C2 - C2 zoning means light commercial. So, not a factory, or a warehouse, but a retail establishment or office building
AMENITIES
- Signage
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 2-05-07709-02-3400-000 | Improvements Assessment | $928,820 CAD |
| Land Assessment | $153,867 CAD | Total Assessment | $1,082,688 CAD |
PROPERTY TAXES
Parcel Number
2-05-07709-02-3400-000
Land Assessment
$153,867 CAD
Improvements Assessment
$928,820 CAD
Total Assessment
$1,082,688 CAD
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Cash-Flowing Mixed-Use in Dover CBD | 31-33 W Loockerman St
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