Property

Dover, DE 19901 540 S Martin Luther King Jr Boulevard

$1,300,000

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Presented By: R&R Commerical Realty
  • MLS# DEKT2039476
  • 07/18/2025
  • Request Tour
  • Request Info
  • SQFT • 6,400

Home Details

Dover Garden Suites is available for sale! This 10 unit Hotel including an "owners suite" on the 2nd floor is fully sprinklered with a riser room in building. The rooms are generously sized with most having a fully and 1/2 bath as well as a washer. Historically the Hotel has catered to weekly rentals. There is also a very large balance of land that could potentially be utilized for future development. This would need to be investigated by the Purchaser. Schedule your tour today because this won't last long.
Presented By: R&R Commerical Realty

Interior Features for 540 S Martin Luther King Jr Boulevard

Other Interior Features

Central Air Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterOther

General for 540 S Martin Luther King Jr Boulevard

Acceptable FinancingCash, Conventional
AccessibilityOther
Business TypeHotel/Motel
CityDOVER
Construction MaterialsBlock
Cool FuelElectric
CoolingOther, Window Unit(s)
CountyKENT
DirectionsThe property is on the corner of Martin Luther King Blvd and Bay Road.
HeatingOther
Legal SubdivisionBAY ROAD ADDITION
Lot Size Square Feet48395.00
Lot Size UnitsSquare Feet
MLS AreaCapital (30802)
ModificationTimestamp2025-07-18T14:14:56
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG203.12
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount7351.0
Tax Assessed Value1283700.0
Tax Lot4900-000
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1959
Year Built SourceAssessor
ZoningC4

Exterior for 540 S Martin Luther King Jr Boulevard

Building Area Total6400.00
Car Parking Spaces17
Land Assessed Value516700.00
Land Use Code
Lot Dimensions178.00 x 137.00
Lot Size Acres1.11
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces17
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,300,000
MLS#DEKT2039476
List Date 07/18/2025
Property Type Commercial
Phone 703.929.4729
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rachelsellsnova@gmail.com

+1-703-929-4729

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