Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID DEKT2046456
Year Built 1986
Annual Tax Amount $494
Tax Year 2025
Lot Dimensions 0.00 x 0.00
Property Sub-Type Office
Source BRIGHT
Property Description
Highlights
Prime central location near Legislative Hall
End unit with multiple rear parking areas
Two office condos; each currently or potentially rents at $1,250/month
Option for owner-occupancy on one unit
Full bathrooms and multiple office rooms in each unit
Lower unit provides full ramp handicap access
Roof replaced in 2025
Strong association; $805/quarter includes exterior, lawn, and snow
Financial snapshot (quick math)
Current in-place income: $1,250/month (one unit)
Pro forma fully leased: $2,500/month ($30,000/year) before expenses
HOA: $805/quarter = $3,220/year (verify any other operating expenses and taxes)
If you want, I can format this into MLS remarks (character-limited), a flyer blurb, or a pro forma with
Location
State DE
County Kent
Area Capital (30802)
Zoning OFFICE
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Roof Type Architectural Shingle
Accessibility Ramp - Main Level
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Dover
School District Capital
Others
Tax ID ED-05-07709-01-7900-002
Ownership Condominium
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
rakan.a@firststatehometeam.com
1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States