Light Industrial Flex Building
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30860220 |
| Property Subtypes: |
Free-Standing Building, Other
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
9,246 SF
|
| Gross Land Area: |
9,788 SF
|
| Sale Price: |
$675,000 |
| Unit Price: |
$73 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
Former Flooring Company / Retail Showroom / Office / Warehouse |
| Usable Size (USF): |
9,246 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/10/2023 |
Overview / Comments
Former Flooring Company Building recently gifted to a non-profit organization consists of Retail Showroom, Offices, and Drive-in Warehouse. Located within the RMU Zone consisting of several abutting multi-residential units, this site has the potential to be redeveloped from the ground-up or re-configured for flex retail, office, and warehouse space.
Built in 1950 this vacant well-located building consisting of 9,246 sf is situated on a corner lot of .23 acres or 9,788 sf. Features concrete block construction, cement slab, flat membrane roof, central hot air heat, a ceiling mounted Reznor heat unit and central A/C. Investors, Developers, & Builders take note: the RMU zone provides for a number of optional uses. Annual 2022 real estate taxes were $9,126.
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Taxing Authority: |
City of Dover, NH |
| Tax ID/APN: |
30-108-00 |
| Zoning: |
RMU |
| Retail Clientele: |
General, Other |
| Property Located Between: |
Central Ave and Mt Vernon Street |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Central Ave |
| Feet of Frontage: |
120 |
| Highway Access: |
Spaulding Turnpike - Rte 16 |
| Site Description: |
The site is located within the RMU zone surrounded by multi - family properties and condos. |
| Area Description: |
Residential Neighborhood |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1950 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block, Concrete |
| Exterior Description: |
Concrete Block Construction. |
| Total Parking Spaces: |
9 |
| Parking Type: |
Surface |
| Parking Description: |
9 angled exterior parking spaces in front of the building located on Milk Street. Additional / optional parking within the drive-in warehouse. |
| Sprinklers: |
None |
| Heat Type: |
Propane, Hot Water, Suspended Radiant Heaters, Other |
| Heat Source: |
Central, Ceiling Units, Other |
| Air Conditioning: |
Other |
| Internet Access: |
Cable, Other |
| Interior Description: |
Flex warehouse & storage space with two - 12' garage doors with entry from Mt Vernon Street. Retail showroom and office entry from Milk Street. |
| Zoning Description: |
RM-U Urban Density Multi-Residential District
(e) Urban Density Multi-Residential District (RM-U) The purpose of this residential district is to provide an environment suitable for a variety of moderate/high density housing types, including SINGLEFAMILY, two family, and 3-4 family dwellings. These districts are urban NEIGHBORHOODs located close to the downtown area and contain many historic homes that are built close to the SIDEWALKs and STREETs. The homes in this district are all served by municipal sewer and water. Some nonresidential uses that are compatible with residences are permitted, including churches, funeral parlors, elementary schools, high schools, and CHILD CARE FACILITIES.
|
| Lot Frontage: |
200 Feet |
| Lot Depth: |
From Milk Street - 80' deep and from Mt Vernon Street - 120' deep. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Electric Lines, Utilities |
| Legal Description: |
See Deed and Tax Card attached. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,148 |
32,037 |
67,189 |
| Median Age: |
33.13 |
36.52 |
35.3 |
| Households: |
4,267 |
13,585 |
25,093 |
|
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The information presented herein is provided as is, without warranty of any kind.
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