Downtown Dover Restaurant/Bar for Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30630441 |
| Property Subtypes: |
Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
|
| 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: |
11/18/2021 |
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.
|
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 |
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 |
|
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