# 540 S MARTIN LUTHER KING JR Boulevard, Dover, DE 19901

> **TL;DR:** other, $815,000, built 1959.
> A/C. Est. $4,359/mo. Listed 470 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $815,000 |
| Year Built | 1959 |
| Lot Size | 48,352 sqft (1.11 acres) |
| Property Type | Other (Other) |
| Status | Active |
| Days on Market | 470 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,121 |
| Estimated Insurance | $238 |
| **Total** | **$4,359** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1959
- 1.11 acre lot
- 17 parking spaces

## Description

### Agent Description
Dover Garden Suites is available for sale! This 9 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.

## Location

- **Address:** 540 S MARTIN LUTHER KING JR Boulevard, Dover, DE 19901
- **County:** KENT
- **Coordinates:** 39.1572, -75.51085
- **Google Maps:** https://www.google.com/maps?q=39.1572,-75.51085

## Listing Agent

- **Name:** Larry W Thompson Jr. · **License:** R3-0018781
- **Brokerage:** Olson Realty
- **Broker Phone:** (302) 448-6000

## Photos

![540 S MARTIN LUTHER KING JR Boulevard - Photo 1](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f1913487075r.jpg)

![540 S MARTIN LUTHER KING JR Boulevard - Photo 2](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f3328073069r.jpg)

![540 S MARTIN LUTHER KING JR Boulevard - Photo 3](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f3052836570r.jpg)

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![540 S MARTIN LUTHER KING JR Boulevard - Photo 34](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f2204225857r.jpg)

![540 S MARTIN LUTHER KING JR Boulevard - Photo 35](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f3473981626r.jpg)

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![540 S MARTIN LUTHER KING JR Boulevard - Photo 49](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f1369135252r.jpg)

![540 S MARTIN LUTHER KING JR Boulevard - Photo 50](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f3835695197r.jpg)

![540 S MARTIN LUTHER KING JR Boulevard - Photo 51](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f4136802487r.jpg)

![540 S MARTIN LUTHER KING JR Boulevard - Photo 52](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f180552523r.jpg)

![540 S MARTIN LUTHER KING JR Boulevard - Photo 53](http://lh.rdcpix.com/0281c1cc21b9110cb9ff62af4919c920l-f11699945r.jpg)

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---

**MLS#:** DEKT2039476 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/540-s-martin-luther-king-jr-boulevard-dover-de-19901-d689e2abcbef4342a9ab4b6c3ab6fe8d)

---

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