Mixed Use Property For Sale
Office
for Sale
Also listed as Industrial
| Catylist Listing ID: |
30849086 |
| Property Subtypes: |
Mixed Use, Office Building, Other
|
| Building Size (RSF): |
9,569 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.23 Acres
|
| Sale Price: |
$625,000 |
| Unit Price: |
$65.32 PSF |
| Property Use Type: |
Investment |
| Class of Space: |
Class C |
| Sale Terms: |
Cash to Seller, Sale/Leaseback |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/25/2024 |
Overview / Comments
|
Located in downtown Dover, this office and industrial building is strategically located between Central Avenue and Broadway. As a Dover Street mixed-use property, it has two loading docks, office space, as well as off-street parking. Additionally, there is lab space and semi finished space as well. Dover is the youngest and fastest growing market in New Hampshire, with smaller usable industrial space in short supply. This is a unique opportunity to own very usable space. The property also has potential for multi-family development given the zoning. Short term and long term, this gives the buyer great opportunity to make the most of this investment property. Seller is willing to work on a sale leaseback for part of the space.
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Taxing Authority: |
Dover |
| Tax ID/APN: |
027-048-0000 |
| Zoning: |
RM-U |
| Property Located Between: |
Central Ave and Broadway |
| Property Visibility: |
Good |
| Highway Access: |
Route 16, Route 108, Route 4 and Route 9 via Central Ave. |
| Airports: |
Pease International Airport |
| Site Description: |
Gently sloped site which could provide ease of construction for a basement parking area and multi-units above. |
| Area Description: |
Dover sits in the Seacoast region of New Hampshire, having a thriving downtown area along the banks of the Cocheco River. Rated as one of the fastest growing communities in the state, there is an amazing amount of new construction in process in and around the downtown area. Also, Dover is one of the youngest communities in the State. In this downtown area, residents enjoy a broad choice of restaurants, cafes, shops, taverns, micro brewpubs and many other small businesses housed in beautifully preserved historic buildings in and around the central mills. There are hundreds of businesses in the various downtown mills. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
3,500 SF |
| Year Built: |
1940 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding |
| Exterior Description: |
Paved parking area, located in front of two loading docks. |
| Parking Type: |
Surface |
| Parking Description: |
On-site & on-street parking. |
| Total Parking Spaces: |
6 |
| Sprinklers: |
None |
| Heat Type: |
Hot Water, Steam |
| Heat Source: |
Other |
| Air Conditioning: |
Window Unit |
| Internet Access: |
Cable |
| Interior Description: |
Portions of the property are Class B office space, portions are more industrially-oriented and some are storage-like, semifinished areas. |
| Zoning Description: |
RM-U |
| Lot Frontage: |
90 |
| Lot Depth: |
110 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements Description: |
None noted |
| Land Ownership: |
Fee Simple |
| Legal Description: |
2988/0034 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,148 |
32,037 |
69,904 |
| Median Age: |
33.13 |
36.52 |
35.65 |
| Households: |
4,267 |
13,585 |
26,147 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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