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About the Listing KELWLMCD - 3263550
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.
Listing Highlights
Status
Active
Days on Site
29
Property Type
Commercial Sale
MLS ®
DEKT2045894
Year Built
1986
Total Square Footage
2,070
Lot/Acreage
0.00 x 0.00
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central,Forced Air
- Fireplaces:
- Floor: Luxury Vinyl Plank,Partially Carpeted,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Year Round Access,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 0.00 x 0.00
- Zoning: Commercial/Office
- Roof: Architectural Shingle
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $1,700
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
383 W North Street 6-a,B Dover, DE 19904
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