Delaware Market Watch: Dover office building and a Wilmington plaza for sale

State Street

State Street Office Property

Location: 11 N. State St., Dover

Asking price: $595,000

Size: 4,289 square feet

Price per square foot: $139

Setting: Circa 1900 office building on the northeast corer of West Division and North State Streets, adjacent to the Orville Myers Public Park

Features: Three floors of professional-office space, with a full basement located minutes away from downtown Dover, the Delaware court buildings, U.S. Route 13 and BayHealth Kent General. Paved, off-street parking, general residential and office zoning.

Contact: Phil McGinnis at McGinnis Commercial Realty Co. at 302-736-2710

Lincoln Plaza

Lincoln Plaza

Location: 1035 N. Lincoln St., Wilmington

Asking price: $719,000

Size: 6,000 square feet

Price per square foot: $119.83

Setting: Two-story strip shopping center on Lincoln Street with 21,000 cars passing daily.  Twenty off-street parking spaces.

Features: 3,000 square feet of ground floor retail space divided into three units and 3,000 additional square feet on second floor, with a potential for three-unit apartment conversion pending city approval. Building is 50 percent leased. Off-street parking. C-2 zoning.

Contact:  Anthony Medori at Medori Commercial Realty at 302-218-2053

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