1241 College Park Dr - Loft/Creative Space FOR SALE
Dover, DE 19904 |
$3,500,000 USD
770-744-4555
1241 College Park Dr
Dover, DE 19904
HIGHLIGHTS
- Newly Renovated 2-Story Office Building With 12,066 SF of Premium Space in an Opportunity Zone, Completed By a Licensed Architect
- New Roof, Modern HVAC, Stylish Siding, Large Windows For Natural Lighting, Updated Electrical and Fire Suppression System
- Currently Zoned IO (Institutional & Office) Which Allows For Professional Offices With Potential For Retail or Other Various Uses
- Building Located Within Walking Distance to Delaware State University; Can Be Subdivided Into Two Units of 6,033 SF
- Located Close to Dover Air Force Base Thus Offering Unique Opportunities For Businesses Connected to Military and Defense Industries
- The Location Offers Strong Demographics; 5-Mile Population Radius is Over 70,041 Residents With an Average Household Income of More Than $75,131
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale a Modern Office Building With a Variety of Uses Located at 1241 College Park Drive in Dover, DE. Strategically Located Right Outside of Downtown Dover, Deleware in an Opportunity Zone. The Property is Newly Renovated With 12,066 SF of Rentable Space. This a Perfect Move-In Ready Location For a New Owner-User or Tenant(s) to Lease Up, Making This a Unique Investment.
In Cooperation With Sands Investment Group Delaware, LLC BoR: Tom Gorman - Lic. DE #RB-0031000
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$222 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Owner User
BUILDING DETAILS
PROPERTY NAME
Newly Renovated Office Building - Dover, DE
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Loft/Creative Space
ADD'L SUBTYPES
Office/Residential
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
56
LAND DETAILS
LAND ACRES
1.1 AC
LAND SF
47,916 SF
ZONING
IO
APN/PARCEL ID
2-05-06700-02-1208-000
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770-744-4555
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770-744-4555
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