511 Central AvenueDover, NH 03820MLS Number 4932548

  • 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
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Active with Contract
511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820511 Central Avenue Dover NH 03820
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  • 0.23Acreage
  • 1920Year Built

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Listed by Arthur Pappas and Zachary Pappas of KW Coastal and Lakes & Mountains Realty
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.

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Basic Information

  • StatusActive With Contract
  • Modification Date11/16/2022
  • TypeInvestment, Other, Retail
  • List Price$1,595,000
  • Broker NameKW Coastal and Lakes & Mountains Realty
  • Listing Agent NameArthur Pappas
  • Lister Office NameKW Coastal and Lakes & Mountains Realty
  • MLS Number4932548
  • MLS StatusActive Under Contract

Location

  • Building Number511
  • StreetCentral Avenue
  • TownDover
  • StateNH
  • Zip03820
  • CountyStrafford
  • Map4

Exterior

  • ExteriorBrick, Clapboard, Combination, Other

Other

  • View Count11

Building

  • Year Built1920
  • NumberOfUnitsInCommunity7
  • BasementUnfinished
  • Garage Spaces

Property

  • Acreage0.23
  • Property TypeCommercial Sale
  • Lot Sqft10,019
The Hamptons Real Estate Main Office
The Hamptons Real Estate Main Office
25 Lafayette Rd
Hampton Falls , NH 03844
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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 3:53 AM EST.

 

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