Property Description

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.

Property Features

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