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511 Central AvenueDover, NH 03820Price: $1,595,000

  • Price: $1,595,000
  • 53 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,595,000List Price
  • 0.23Acreage
Downtown Dover-Prime Investment Opportunity-Great Cap Rate- A+ Location-Off Street Parking-Fully leased Offering 8.17% Cap Rate. Calling all Investors!! This is a rare opportunity to own a downtown Dover, well established and stable mixed use property. 511 Central Ave is a fully leased, 7 unit building. Both commercial spaces are street level and capitalize on foot traffic and visibility. One is a national, corporate tenant that just renewed their lease 10/2022 and the other retail tenant has been here for many years. This property also features its own ample off-street parking lot with easy ingress/egress. The features and location of this property make it a solid investment with further development potential down the road all while generating revenue. * Financials will be shared with NDA in place. ** NOTE: Showings require 48 hour notice minimum.
Listed by Arthur Pappas and Zachary Pappas of KW Coastal and Lakes & Mountains Realty

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 November 27, 2022 10:39 AM EST.

 

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