Three-Story Office
New
For Sale
$1,495,000
6 School Street 65 Main Street, Dover, NH 03820
A ground-level suite is available for lease or owner occupancy, alongside rental income from two existing tenants.
Property Size7,941 SF
Price / SF$188.26
Days on Market2
Property Features for 6 School Street 65 Main Street
General Information
Standard status
Active
Size
7,941 SF
Class
B
Total Parking Spaces
14
Property subtype
Office
Additional Details
Tenant in Place
Yes
Property Use
Office/Retail
Building Details
Building Size
7,941 SF
Year Built
1821
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
The Boulos Company
Listed By:
Katherine Gemmecke · License #75327
(603) 973-4256
Source:
Boulos
Added: Oct 30
Last Checked: Oct 30 at 2:49PM
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 The Boulos Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1821, this three-story office building contains 7,941± square feet. Unit 1 offers 3,100± square feet for lease or owner occupancy, with the possibility of subdivision. Two other tenants currently occupy space in the property.
The building occupies a downtown Dover corner lot, with shops, restaurants, and other amenities accessible nearby. On-site parking accommodates 14 vehicles, with additional parking in nearby lots and on the street.
The building occupies a downtown Dover corner lot, with shops, restaurants, and other amenities accessible nearby. On-site parking accommodates 14 vehicles, with additional parking in nearby lots and on the street.
Key Highlights
- 7,941± SF across three stories
- Unit 1 has 3,100± SF available, with potential to subdivide
- Two existing tenants provide rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,436
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,168,720
$2.2M
Cap Rate 7%
$1,549,086
$1.5M
Cap Rate 9%
$1,204,844
$1.2M
Market Conditions
NOI Build-Up for 7,941 SF
Gross rent
$166.8K $21.00/SF
− Vacancy
−$22.2K −$2.79/SF
EGI
$144.6K $18.21/SF
− OpEx
−$36.1K −$4.55/SF
NOI
$108.4K $13.66/SF
Area
Strafford County, NH
Vacancy
13.30%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,168,720
Cap Rate 7%
$1,549,086
Cap Rate 9%
$1,204,844
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,436 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,713 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,432
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
Frequently Asked Questions
What type of property is this?
Office building - A ground-level suite is available for lease or owner occupancy, alongside rental income from two existing tenants.
Where is this office building located?
The property is located at 6 School Street 65 Main Street Dover, NH.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 7,941± SF across three stories; Unit 1 has 3,100± SF available, with potential to subdivide; Two existing tenants provide rental income
