This mixed-use property represents an unparalleled investment opportunity, combining secure commercial leasing with the consistently growing demand for premium residential units. The long-term absolute net lease with a reputable medical tenant ensures a stable and reliable income stream, while the thriving rental market creates the perfect environment for a lucrative return on investment. First floor consists of 7 condominium units, configured to accommodate a single tenant and has long term lease in place with the Wentworth-Douglass Hospital. The second story comprises 8 well appointed residential units with a mix of 1 to 3 bedrooms and separately metered utilities. Convenient layouts with 2-bedroom units featuring 3rd floor loft bedroom. Stable occupancy through the years provide for upside potential. With its unique blend of commercial and residential spaces, prime location, and impressive growth prospects, this property stands as an exceptional choice for astute investors seeking long-term success.

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Tax Information

Tax Year2023

Building

Year Built1920
NumberOfUnitsInCommunity15
FoundationBrick, Concrete, Stone
Square Feet19,374
Available Sqft16,173
BasementConcrete

Exterior

RoofShingle - Asphalt

Utilities

Heating CoolingHot Air, Natural Gas

Amenities

Accessibility AmenitiesHandicap Modified, Paved Parking
PricePerSqFt154.85

Basic Information

StatusSLD
Modification Date01/31/2024
TypeInvestment, Multi-Family, Office
List Price$3,271,000
Broker NameKW Coastal and Lakes & Mountains Realty
Listing Agent NameViktoria Alkova
Lister Office NameKW Coastal and Lakes & Mountains Realty
Seller Office NameA Non PrimeMLS Agency
Selling Agent NameA non PrimeMLS member
MLS Number4958782
MLS StatusClosed

Legal

Taxes$40,775.17
NOI234000
OtherStructuresLand/Building
ZoningO - Office District

Location

Building Number770
StreetCentral Avenue
TownDover
StateNH
Zip03820
CountyStrafford
Map29
Address770 Central Avenue

Property

Acreage0.99
Parking Spaces
Property TypeCommercial Sale
AreaNH-Strafford
Lot Sqft43,124
Road Frontage210
Traffic Count20344

Other

Date Listed06/26/2023
View Count5

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 18, 2025 9:39 AM EDT

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