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37 Myrtle Ave
Dover, NJ 07801

37,000 SF Iconic Building in Dover · Specialty Property For Sale · 37,000 SF

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Investment Highlights

Walking Distance to Train Station
Large Foot Print 37,200 SF

Elevator
Floor Plan Conducive to Many Uses

Executive Summary

Located half a mile from the Train Station, this stately 37,000 SF building in the heart of Dover was originally built in 1920 and upgraded periodically.
Formerly and currently a school, this building could certainly continue use as such but it would also be ideal for office/services or for a variety of redevelopment projects- self storage facility, apartments, assisted living, hotel and many other potential uses allowed by its C-2 General Commercial District Zoning.
Property will be delivered vacant. Please contact Marc for more detailed information.

PROPERTY FACTS Under Contract

Sale Type	Owner User	Building Size	37,000 SF
Property Type	Specialty	No. Stories	3
Property Subtype	Schools Specialty Self Storage	Year Built/Renovated	1937/2020
Building Class	C	Parking Ratio	1.32/1,000 SF
Lot Size	0.85 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Owner User
Property Type	Specialty
Property Subtype	Schools Specialty Self Storage
Building Class	C
Lot Size	0.85 AC
Building Size	37,000 SF
No. Stories	3
Year Built/Renovated	1937/2020
Parking Ratio	1.32/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Commuter Rail

PROPERTY TAXES

Parcel Number	09-01317-0000-00001	Improvements Assessment	$2,671,026 CAD
Land Assessment	$1,078,231 CAD	Total Assessment	$3,749,257 CAD

PROPERTY TAXES

Parcel Number

09-01317-0000-00001

Land Assessment

$1,078,231 CAD

Improvements Assessment

$2,671,026 CAD

Total Assessment

$3,749,257 CAD

zoning

Zoning Code	C-2 (C-2 Some Principal and Accessory Uses - Offices, Hotels, Government Buildings, Apartments (Accessory))
C-2 (C-2 Some Principal and Accessory Uses - Offices, Hotels, Government Buildings, Apartments (Accessory))

Listing ID: 30736042
Date on Market: 2024-01-23
Last Updated:
Address: 37 Myrtle Ave, Dover, NJ 07801

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