222 RAILROAD AVENUE, DOVER, DE 19904
KENT County
Key Facts
Description
Two commercial properties selling as one in the City of Dover; over 14,000 sq ft of land located downtown and close proximity to the Duncan Center, formerly the old social security building. Business is situated on private road running adjacent the railroad tracks, property sits off at the end of the highly traveled downtown Loockerman St; only minutes from DAFB, Bally’s Casino, the mall and shopping centers. Just a short drive to the beaches and major interstate Rt 1, I95 and Rt 301. Property was used for cycle/automotive service but property has the potential for multiple uses. This is a great investment opportunity in anticipation of the Transforming Downtown Dover Capital City 2030 development projects and growth. Property currently has a total of two buildings, one shed and 5 bays; buildings need upgrading and repairs but has great potential to remain if it suits your business plans.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1980
Living Area
2,250 sq ft
Lot Size
0.14 acres
Lot Dimensions
0.14 x 0.00 #41 - 6100 sq ft #42 8450 sq ft
Parking Spaces
6
Zoning
C3
Days on Market
15
MLS® Listing#
DEKT2043372
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Schools
- District:
- CAPITAL
Financial Details
Annual Taxes
$1,067
Tax year 2025
Assessed Value
$180,100
Parcel Number
ED-05-07612-02-4100-000
Directions
US 13 S to Dover; turn onto E. Loockerman St., Cross railroad tracks and turn left onto Railroad Ave. Property is 2nd building (white)
Affordability Calculator
$85,000
Estimated monthly payment
$2,262/mo
Principal $340,000 · Est. interest $474,330 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in DOVER, DE
- $383,544
- Median Listing Price
- 62
- Median Days on Market
- 1,824
- Median Sq Ft
- $196
- Median Price / Sq Ft
- 205
- Active Listings
- This home’s price is 11% above the area median.
- Its price per sq ft is 4% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in DOVER, DE.
Location
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Points of Interest in DOVER, DE
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 104 RUBAKER WAY 157, DOVER, DE | $298,500 | 3 | 3 | 1,429 |
| 157 MAIN STREET, DOVER, DE | $299,000 | 5 | 3 | 3,007 |
| 211 TAMMIE DRIVE, DOVER, DE | $299,000 | 3 | 2 | 1,232 |
| 97 GLENDA ROAD, DOVER, DE | $299,900 | — | — | — |
| 322 W WIND DRIVE, DOVER, DE | $305,000 | 3 | 2 | 1,536 |
| 348 W WIND DRIVE, DOVER, DE | $307,500 | 3 | 2 | 1,892 |
Moving Cost Estimate
EXIT Agents in DOVER
Listing Courtesy: Myers Realty - 3026744255