Office For Sale

Office for Sale
Catylist Listing ID: 30589568
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 4,730 SF
Gross Land Area: 0.23 Acres
Sale Price: $425,000
Unit Price: $89.85 PSF
Property Use Type: Investment, Business
Usable Size (USF): 4,730 SF
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 6/2/2020

Overview / Comments

Dover sits in the Seacoast region of New Hampshire, a thriving downtown area along the banks of the Cocheco River. Rated as one of the fastest growing communities in the state, there is an amazing amount of new construction in process in & around the downtown area. Also, Dover is one of the youngest communities in the state.
In this downtown area, residents enjoy a broad choice of cafes, shops, taverns, and many other small businesses housed in beautifully preserved historic buildings and the central mills. Located just northeast of Sixth Street in the heart of downtown, this space is ideal for all types of service-related businesses and other office clientele. It is zoned RM-U, so development into multi-family is an allowed use, this property could be redeveloped in a similar fashion to a number of properties located in the downtown area. This mixed-use property has two loading docks and over 2,000 SF of office space, as well as the off-street parking, thus it makes for a great property as-is, or for redevelopment.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Taxing Authority: Dover
Tax ID/APN: 027-048-0000
Zoning: RM-U
Property Located Between: Central Avenue and Broadway
Property Visibility: Excellent
Highway Access: Route 16, Route 108, Route 4 and Route 9
Airports: Pease International Airport
Site Description: Gently sloped site which could provide ease of construction for a basement parking area and multi-units above.
Area Description: Downtown Dover, located within walking distance of all of the amenities from restaurants to tap-houses, breweries, and all kinds of other culinary attractions. The area also has a number of multi-family residences, as well as a mill that was re-habbed a few years ago for residential apartments.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,100 SF
Year Built: 1940
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Vinyl sided, with several parking spots out in front. Small entry porch for the main entry.
Parking Type: Surface, Other
Parking Description: On-site & on-street parking.
Total Parking Spaces: 6
Sprinklers: None
Heat Type: Hot Water, Steam
Heat Source: Other
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: Portions of the property are Class B office space, portions are more industrially-oriented and some are storage-like, semifinished areas.
Zoning Description: RM-U
Lot Frontage: 90
Lot Depth: 110
Water Service: Municipal
Sewer Type: Municipal
Easements Description: None noted
Land Ownership: Fee Simple
Legal Description: 2988/0034

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,148 32,037 69,904
Median Age: 33.13 36.52 35.65
Households: 4,267 13,585 26,147
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