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Mixed-Use Property with Approved Conversion
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66 Third St, Dover, NH 03820

Mostly occupied mixed-use property with approvals to convert second floor space into 10 residential units.

Property SizeContact for details
Days on Market142

Property Features for 66 Third St

General Information

Standard status Active
Property subtype Retail, Mixed Use
Listing Agency: NAI Norwood Group Portsmouth
Listed By: Andrew Fleisher · License #MA 9051449
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 8:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Norwood Group Portsmouth

Investment Insights

Based on property information with market context.

The Third Street Exchange is a mixed-use property offered for sale. The building is mostly occupied and is positioned to produce income in the near term. Approvals are in place for converting the existing second floor spaces into nine 1-bedroom units and one 2-bedroom unit. Unit sizes are approved to range from approximately 650 square feet to 1,148 square feet.

Approvals were granted on January 29, 2020 and are valid for five years from that date. The property is located at 66 Third St in Dover, NH 03820, and the existing second floor conversion is the stated development component of the offering.

As presented, the opportunity combines current occupancy with an approved residential conversion for the second floor space, subject to the Confidentiality Agreement for additional information.

Key Highlights

  • Approvals in place to convert existing second‑floor spaces into 9 one‑bedroom units and 1 two‑bedroom unit
  • Unit sizes range from 650 +/- SF to 1,148 +/- SF
  • Approvals granted on January 29, 2020, valid for 5 years from that date

Property Analytics

Current Use

MusicalArts of Dover Training Center Tri-Star Gymnastics Gym & Fitness Center The Sewing Tree, LLC Vocational School Sam Pao Clothing Store 603 Driving School Training Center

Suggested Use

Top Pick Storage Facility Locksmith Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,464
Businesses Nearby

Demographics for 03820, NH

32,800
Population
15,460
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
1,201
Density / Sq Mi
$92,793
Median Household Income
$53,890
Median Earnings
$1,540
Median Rent
$397,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mostly occupied mixed-use property with approvals to convert second floor space into 10 residential units.
Where is this mixed-use property located?
The property is located at 66 Third St Dover, NH.
What are key features of this property?
This property features: Approvals in place to convert existing second‑floor spaces into 9 one‑bedroom units and 1 two‑bedroom unit; Unit sizes range from 650 +/- SF to 1,148 +/- SF; Approvals granted on January 29, 2020, valid for 5 years from that date
More about this property
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