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Listed by Viktoria Alkova and Ethan Ash of KW Coastal and Lakes & Mountains Realty
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.

More Info

Tax Information

  • Tax Year2023

Building

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

Exterior

  • ExteriorCedar, Clapboard, Vinyl
  • RoofShingle - Asphalt

Amenities

  • Accessibility AmenitiesHandicap Modified, Paved Parking

Basic Information

  • StatusPEN
  • Modification Date08/11/2023
  • 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
  • MLS Number4958782
  • MLS StatusPending

Utilities

  • FuelGas - Natural
  • Heating CoolingHot Air

Other

  • Date Listed06/26/2023

Location

  • Building Number770
  • StreetCentral Avenue
  • TownDover
  • StateNH
  • Zip03820
  • CountyStrafford
  • Map29

Property

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

Legal

  • Taxes$40,775.17
  • Price/SF$168.83
  • NOI234000
  • OtherStructuresLand/Building
  • ZoningO - Office District

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Copyright 2023 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 September 24, 2023 3:38 AM EDT

 

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