Downtown Dover Restaurant/Bar for Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30630441
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 23,567 SF
Gross Land Area: 0.50 Acres
Sale Price: $1,595,000
Unit Price: $67.68 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 23,567 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Downtown Dover Restaurant / Bar for sale.42-44 Third Street consists of TWO LOTS. Unique opportunity to own a restaurant building with off-street parking in busy Downtown Dover. In addition to the restaurant / bar space there are residential rooms on the second and third floor. A great opportunity to convert to your own restaurant theme and reap the benefits of rental income or employee housing onsite. Redevelopment a possibility with two separate lots in Downtown Dover. 42 Third Street has frontage on Second Street and 44 Third Street has frontage on Third Street.

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 06040-000000
Zoning: CBD
Retail Clientele: General, Family, Business, Other
Property Visibility: Good
Largest Nearby Street: NH 16
Highway Access: Exit 8E from NH 16, to NH 9 west. Silver S, Lexington St, Washington and Chestnut to Third St.
Area Description: Downtown Dover.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Average
Year Built: 1920
Roof Type: Flat
Construction/Siding: Brick, Concrete
Parking Type: Surface
Parking Description: Off-street parking.
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Central Business District
Lot Frontage: 110
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,252 30,537 68,509
Median Age: 33.21 36.53 35.52
Households: 4,746 12,983 25,622


Photograph of Listing Agent

Brian M. O'Brien

NAI Norwood Group
NECPE Member
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