Three-Story Office
For Sale
$725,000
2022 Fifth Street, Dover, NH 03820
Three-story office building with off-street parking, hardwood floors, and updated electrical, plumbing, fire suppression, and roof.
Property Size4,012 SF
Price / SF$180.71
Days on Market311
Property Features for 2022 Fifth Street
General Information
Standard status
Active
Size
4,012 SF
Property subtype
Mixed Use
Additional Details
Sprinkler System
Yes
Amenities
common kitchen area
Heat Pump
3
Parking.
On Site, Paved Driveway, Off Street.
0.23
Building Details
Year Built
1900
Stories
3
Listing Agency:
CENTURY 21 Barbara Patterson
(207) 752-0407
Listed By:
W Gerard Tatlock
(207) 752-0407
Source:
Xome
Added: Sep 24, 2025
Changed: Jul 25
Last Checked: Jul 25 at 7:35PM
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 CENTURY 21 Barbara Patterson
Investment Insights
Based on property information with market context.
This three-story mixed-use office building is set up with office space on all three floors. The current configuration includes four bathrooms and a common kitchen area on the second floor, with a floor plan that also lends itself to a duplex or a three-unit arrangement. Interior finishes include hardwood floors throughout, and the property has updated electrical, plumbing, fire suppression, and roof.
Located near the beginning of Fifth Street in downtown Dover, the building benefits from newly rebuilt sidewalks designed to improve access. The property also has its own off-street parking.
Additional building systems include first-floor mini-split heat pumps for heating and air conditioning.
Located near the beginning of Fifth Street in downtown Dover, the building benefits from newly rebuilt sidewalks designed to improve access. The property also has its own off-street parking.
Additional building systems include first-floor mini-split heat pumps for heating and air conditioning.
Key Highlights
- Three‑story mixed‑use building in Dover with office space on all 3 floors and 4 bathrooms
- Off‑street parking with paved driveway and off‑street parking available
- Hardwood floors throughout
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 |
4,012 SF · lease $21.00/SF/yr · vacancy 13.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$782.6K
$684.8K – $913.1K
NOI $54,785 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$939.2K – $1.25M
NOI $75,134 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,464
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-story office building with off-street parking, hardwood floors, and updated electrical, plumbing, fire suppression, and roof.
Where is this office building located?
The property is located at 2022 Fifth Street Dover, NH.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Three‑story mixed‑use building in Dover with office space on all 3 floors and 4 bathrooms; Off‑street parking with paved driveway and off‑street parking available; Hardwood floors throughout
