20-22 Fifth Street, Dover, ME 03820
- Added:
- Apr 28, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 16 at 2:06 pm
Property Features for 20-22 Fifth Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CBD-R
- Rooms
- Basement
- Parking features
- Off Street
- Basement
- Unfinished, Full
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 4,012 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13078
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Heat Pump (Heating), Electric (Heating), Other (Heating), Steam
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1900
- Flooring type
- Softwood, Hardwood, Vinyl
- Building materials
- Wood Frame, Clapboard
- Roof type
- Shingle
Listing agent W Gerard Tatlock (207) 752-0407
Listing office CENTURY 21 Barbara Patterson 96 Portland Street, South Berwick, ME (207) 384-4008
Listing date Apr 28, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use building in downtown Dover with off‑street parking and an accessible ramp approach
- Office space on all 3 floors with 4 bathrooms and a common kitchen area on the second floor
- Floor plan supports multiple configurations, including duplex or 3‑unit potential
- Hardwood floors throughout plus vinyl and softwood flooring in select areas
- Updated electrical, plumbing, fire suppression, and roof; roof is shingle
- First‑floor mini split heat pumps for heat and AC; additional heating includes natural gas, electric, steam, and heat pump
Overview
Located near the beginning of Fifth Street in downtown Dover, the property benefits from nearby access improvements, as Fifth Street has recently been rebuilt with new sidewalks. The building also provides its own off-street parking.
The current layout is set up for office use, but the floor plan is described as lending itself to alternative configurations such as a duplex or a three-unit arrangement. This combination of existing office fit, flexible potential, and updated building systems may appeal to buyers looking for a multi-purpose downtown property with on-site parking.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.3k | $21.00 |
| − Vacancy | −$11.2k | −$2.79 |
| EGI | $73.0k | $18.21 |
| − OpEx | −$18.3k | −$4.55 |
| NOI | $54.8k | $13.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dover
- County
- Strafford
- State
- Maine
- Longitude
- -70.8772767
- Latitude
- 43.1999003
