1294 - 1298 Forrest Avenue Dover, DE $ 1,300,000
1294 - 1298 Forrest Avenue
$ 1,300,000
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1294 - 1298 Forrest Avenue

Dover, DE, 19904
$ 1,300,000
Baths0.0 Sq 4,200

Monthly Estimate*

$ 8,640

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Studio

Commercial Property for sale in Dover, DE

for $1,300,000. This 4,200 square foot building was built in 1996 on a lot size of 0.91.

Established casual dining restaurant in Dover Delaware. Turn key with all equipment in place and currently operational. Owner is retiring and will be closing the business in early 2022. 4,200 square foot building with full basement, 50 parking spaces and cross easement for direct access to lighted intersection at Forrest Ave (De Rt 8) and Independence Blvd. Join Arbys, Greentree shopping center, Pats and several other restaurant, retail, office and service establishments on this active corridor. Less than 1 mile from downtown Dover, Eden Hill medical facility and West Dover. Easy access to The Route 1 interchange at Scarborough Road. Perfect for redevelopment or turnkey restaurant. Located in the Opportunity Zone. Restaurant equipment list available upon request.

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Commercial Pending

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,411

Style

Restaurant/Bar,Banquet Facility/Lodge,Convenience

Lot Size

0.91

Year Built

1996

Town/City

Dover

County/Region

Kent

MLS | Web ID

DEKT2005534

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning C2A
Construction Materials Block
Year Built 1996
Property SubType Other
Tax Year 2021
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar Banquet Facility/Lodge Convenience Store/Gas Day Care Facility Hair Salon and Spa Medical Other/General Retail Professional Other
Accessibility None
County KENT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions W Loockerman St turns slightly right and becomes Forest St Turn left onto Lincoln St Turn right onto Bertrand Dr Turn left onto Forest St Continue straight onto DE-8/Forrest Ave Destination will be o
City DOVER
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Capital (30802)
Lot Size Square Feet 39639.60
Waterfront Y/N N
Street Name FORREST
Tax Annual Amount 4411.0
Vacation Rental Y/N N
Virtual Tour https://tours.360deorbittours.com/1948685?idx=1
Days on Market 127
Standard Status Pending
Year Built Source Assessor
Legal Subdivision NO DATA
Tax Lot 5600-000
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 0.91
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 11600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1294
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* Excluded Features
List By
chuck@themovingexperiencede.com

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Affordability Calculator

$9,008
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$368
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/20/2021$1,300,000 Listed Price

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1294 - 1298 Forrest Avenue, Dover, DE, 19904 is a Commercial Property for sale at $1,300,000 with 4,200 sqft and a lot size of 0.91. 1294 - 1298 Forrest Avenue is a studio with 0.0 baths and was built in 1996. The property's zip code is 19904 which is in Dover, DE