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$3,000,000

  • Sold
  • Closed
  • Commercial Investment
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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.

Full Property Details for 770 Central Ave

General

  • Sold For: $3,000,000
  • Taxes: $40,775 (2023)
  • Status: Closed
  • Type: Commercial Investment
  • Source: PrimeMLS
  • MLS ID: 4958782
  • Added to Site: 977 day(s) ago

Additional Information

  • Equipment: Sprinkler System

Parking

  • Parking: Parking Spaces 21+, Paved

Location

  • County: Strafford

Heating & Cooling

  • Cooling Type: Central AC, None
  • Heating Type: Hot Air
  • Heating Fuel: Gas - Natural

Utilities

  • Sewer: Public
  • Water: Public

Structural Information

  • Exterior Const.: Cedar, Clapboard, Vinyl
  • Basement Entrance: Interior
  • Basement Desc.: Concrete
  • Roof: Shingle - Asphalt
  • Square Feet: 19,374
  • Finished Total: 16,173 Sq. Ft.
  • Year Built: 1920

Unit Information

  • Units in Building: 15

Lot Features

  • Lot Size (Acres): 0.99
  • Lot Size (Sq. Ft.): 43,124
  • Frontage: Yes Road Frontage
  • Frontage Feet: 210
  • Zoning: O - Office District
  • Lot Description: Landscaped, Level, Major Road Frontage, Street Lights

Financial Considerations

  • Price Per Sq. Ft.: $154.85
  • Tax Amount: $40,775.17
  • Tax Year: 2023

Timeshare

  • Fractional Own: Adequate

Listed by KW Coastal and Lakes & Mountains Realty, Viktoria V Alkova and KW Coastal and Lakes & Mountains Realty, Ethan Ash
Sold by A Non PrimeMLS Agency, A non PrimeMLS member

Listed by KW Coastal and Lakes & Mountains Realty, Viktoria V Alkova and KW Coastal and Lakes & Mountains Realty, Ethan Ash
Sold by A Non PrimeMLS Agency, A non PrimeMLS member

Listing agents

— 770 Central Ave —

  • Viktoria V Alkova

    KW Coastal and Lakes & Mountains Realty

  • Ethan Ash

    KW Coastal and Lakes & Mountains Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 770 Central Ave

School District:Dover School District, Dover, NH
NameGradesDistance
Dover Senior High School
25 Alumni Drive, Dover, NH 03820
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 770 Central Ave

Date
Details
Price
Change
Source
1/30/2024
Sold
$3,000,000
-8.28%
MLS
6/26/2023
Listed
$3,271,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by KW Coastal and Lakes & Mountains Realty, Viktoria V Alkova and KW Coastal and Lakes & Mountains Realty, Ethan Ash
Sold by A Non PrimeMLS Agency, A non PrimeMLS member

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770 Central Avenue, Dover, NH 03820 (MLS# 4958782) is a Commercial Investment property that was sold at $3,000,000 on January 30, 2024. Want to learn more about 770 Central 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.