Central Ave Dover NH Office Building

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30873519
Property Subtypes: Executive Suites, Coworking, Medical, Net Leased, Office Building
Building Size (RSF): 7,511 SF
Gross Building Area: See Agent
Sale Price: $2,500,000
Unit Price: $332.85 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2024

Overview / Comments

Elevate your investment portfolio with this extraordinary opportunity! Presenting a prime commercial office building poised for success in a coveted location. Enjoying exceptional visibility on one of Dover's busiest streets within a premier commercial district, this property promises lucrative returns.

Comprised of five rental units thoughtfully designed to cater to a diverse range of businesses, from intimate 700+/- square foot spaces to more expansive 1,400+/- square foot suites, this property offers versatility and flexibility to maximize rental income and accommodate various tenant needs.

Strategically positioned adjacent to a major shopping plaza (Hannaford's Plaza), this property capitalizes on its proximity to retail hubs, ensuring a steady stream of foot traffic and heightened exposure for tenants. Additionally, being situated at a signalized intersection further amplifies its desirability, guaranteeing high visibility and accessibility for both tenants and customers alike.

Whether you're an experienced investor seeking to expand your portfolio or a savvy entrepreneur looking to establish your business in a prime location, this commercial office building presents an unparalleled opportunity for success and growth.

Don't miss out on this chance to own a lucrative asset in one of the most sought-after commercial locations in Dover. Seize the opportunity to secure your investment and unlock the potential for substantial returns. Contact us today to schedule a tour and take the first step towards realizing your investment goals!

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 37-23-0-0
Zoning: COMMERCIAL
Property Visibility: Excellent
Highway Access: NH RT 16 Exit 9 1.5 miles to the north
Site Description: City lot. Level.
Area Description: Commercial District (C). The purpose of this business district is to provide an environment that encourages efficient and attractive automobile-oriented commercial development along major highways outside of the downtown. The minimum lot size of 20,000 square feet encourages moderately sized commercial uses. The district provides economic development opportunities for a mix of land uses, including retail sales, personal services, restaurants, automobile sales, hotels, offices, banks, and theaters. Other commercial uses and multifamily dwellings are allowed by special exception.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,750 SF
Year Built: 1985
Roof Type: Hip
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 25
Sprinklers: Wet
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Commercial District (C). The purpose of this business district is to provide an environment that encourages efficient and attractive automobile-oriented commercial development along major highways outside of the downtown. The minimum lot size of 20,000 square feet encourages moderately sized commercial uses. The district provides economic development opportunities for a mix of land uses, including retail sales, personal services, restaurants, automobile sales, hotels, offices, banks, and theaters. Other commercial uses and multifamily dwellings are allowed by special exception.
Lot Frontage: TBD
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: See Strafford County Deed Book 1139 Page 204

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,721 33,385 66,385
Median Age: 32.34 36.54 37.05
Households: 2,525 13,991 26,191

Contact

Photograph of Listing Agent

Bill Riffert

Bean Group
NECPE Member
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