333 Central AveDover, NH 03820

Property Details for 333 Central Ave

Year built

1900

Construction

FRAME

Lot size

1.05 AC

Zone code

CBD-G

Property type

Office buildings

APN

DOVR M:02019 B: L:

APU

DOVRM02019BL

Description

This exceptional four-story building, totaling 75,000 square feet, offers a unique blend of retail and office spaces in the heart of Dover, New Hampshire's Central Business District (CBD). Originally constructed in 1900 and extensively renovated in 2019, the property boasts a desirable location overlooking Lower Square, Rotary Arts Pavilion, Henry Law Park, and the Children's Museum of New Hampshire. Units range from a minimum of 750 square feet to a maximum contiguous space of 3,150 square feet, with 5,925 square feet currently vacant. The building allows for multiple tenancies and the landlord is open to subdividing larger spaces to accommodate specific tenant needs. Suite 1 offers direct access and high visibility to Henry Law Avenue. Suite 210 features a private patio ideal for outdoor seating. Convenient parking options include permit parking on Henry Law Avenue ($25/month), metered street parking on Central Avenue, and a nearby municipal garage. The property's strategic location offers easy access to the University of New Hampshire, downtown Portsmouth (a short drive away), and Boston (approximately an hour's drive). Public transportation is readily available via C&J Bus Lines and the Amtrak Downeaster. Additionally, approximately 2,500 square feet of storage space is available. This property presents a fantastic opportunity for businesses seeking a prominent location in a vibrant and thriving downtown area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,561,858

  6.5%

  $6,980,176

  7%

  $6,481,592

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,976,127

  Geo Method

  $5,976,127

• Alternative Use

  Use

  Valuation

  Residential

  $8,655,419

  Hospitality

  $7,928,317

  Educational

  $6,596,266

  Medical

  $6,823,122

  Retail

  $10,260,859

Location Insight

City

Dover

County

Strafford

State

New Hampshire

Latitude

43.1943

Longitude

-70.8742

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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