Commercial Building: Restaurant and 3 BR Apt.

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30864785
Property Subtypes: Mixed Use, Restaurant
Status: Pending/Contingent
Building Size (RSF): 4,000 SF
Gross Building Area: See Agent
Sale Price: $1,199,000
Unit Price: $299.75 PSF
Property Use Type: Investment, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

Fantastic opportunity to own this multi-use property within the vibrant downtown Dover area. 274 Central Ave is currently an 84-seat restaurant with full bar and kitchen. The restaurant portion of this building was extensively renovated in 2016 and 2021 to include a full kitchen build-out, updated utility lines from the street, new heating and AC systems, a security and fire alarm system with heat sensors throughout, sound deafening insulation between the restaurant and apartment, ADA compliant bathrooms and entrance, and much MORE! 276 Central Ave (above the restaurant) is an incredibly spacious 3BR, 1 BA apartment offering 11 total rooms. The apartment was extensively renovated in 2016 and 2021 to include new windows, paint, electrical, plumbing, spray foam insulation, Lochinvar heating/hot water on-demand system, LED lighting, refinished maple hardwood floors, and much MORE! The apartment offers a separate/private entrance with established renters currently in place through 7-31-2024. An impeccably renovated and maintained property. Call or Click today for your private showing!

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Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 09113-000000
Zoning: CBD-G
Lot Frontage: 52

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,830 34,358 67,532
Median Age: 32.66 36.65 35.52
Households: 3,250 14,563 25,211

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