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153 Portland Avenue, Dover, NH 03820
$1,850,000
153 Portland Avenue, Dover, NH 03820View this property at 153 Portland Avenue, Dover, NH 03820
153 Portland AvenueDoverNH03820
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Property Description
This retail facility in Dover, NH presents a compelling investment opportunity. The seller is offering a 10-year lease with a competitive rate and an additional 10-year option, providing the new owner with stability and the potential for asset appreciation. The seller's intention to utilize the proceeds to enhance and modernize the business and facility further adds to the appeal of this opportunity. With the potential for long-term income and growth, this investment is worth considering for those seeking a stable and promising asset in the burgeoning City of Dover. Seller will lease back the property for $180,000 per year, NNN, 10-year term with a 10-year option. Contact broker for proposed lease and tenant financial info.
Full Property Details
Full Property Details for 153 Portland Ave
General
- Price: $1,850,000
- Taxes: $18,784 (2023)
- Status: Active
- Type: Commercial Investment
- MLS ID: 4996621
- Updated: 5/22/2024
- Added to Site: 12 day(s) ago
Location
- County: Strafford
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Walkout
- Basement Desc.: Partially Finished, Stairs - Interior, Interior Access, Exterior Access
- Year Built: 1966
Lot Features
- Lot Size (Acres): 1.04
- Lot Size (Sq. Ft.): 45,302
- Frontage: Yes Road Frontage
- Frontage Feet: 100
- Zoning: G
Financial Considerations
- Assessment Year: 2023
- Assessment Amount: $1,004,500
- Tax Amount: $18,784
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Compass New England, LLC, Robert Marchewka
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Schools
Schools serving 153 Portland Ave
School District:Dover School District
Rating | Name | Grades | Distance |
---|---|---|---|
78 Horne St, Dover, NH 03820 | K-4 | 1.1 mi | |
16 Daley Dr, Dover, NH 03820 | 5-8 | 2.2 mi | |
25 Alumni Dr, Dover, NH 03820 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 153 Portland Ave
Date
Details
Price
Change
Source
5/21/2024
Listed
$1,850,000
15.62%
MLS
6/24/2022
Sold
$1,600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 153 Portland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,784
28%
$1,004,500
36%
2022
$14,703
1%
$741,100
11%
2021
$14,491
-4%
$667,800
10%
2020
$15,076
—
$606,700
1%
2019
$15,124
3%
$600,400
2%
2018
$14,648
-1%
$587,800
3%
2017
$14,785
-2%
$571,500
—
2016
$15,025
-1%
$571,500
—
2015
$15,208
2%
$571,500
—
2014
$14,865
7%
$571,500
4%
2011
$13,831
—
$550,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 153 Portland Ave
153 Portland Avenue, Dover, NH 03820 (MLS# 4996621) is a Commercial Investment property. 153 Portland Avenue is currently listed for $1,850,000 and was received on May 21, 2024. Want to learn more about 153 Portland Avenue? Do you have questions about finding other Commercial Investment real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.