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Mixed-Use Property with Restaurant
For Sale
$849,900

65 Henry Law Avenue, Dover, NH 03820

Multi-Family, Dover, NH

Property Size3,338 SF
Lot Size0.07 Acres
Price / SF$254.61
Days on Market140

Property Features for 65 Henry Law Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CBD-G
Bedrooms 3
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 3, Basement, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking features On Street
Patio and Porch features Deck
Exterior features Deck, Storage
Appliances Electric Water Heater
Lot features Level, Neighbor Business, Sidewalks, Street Lights, In Town, Near Golf Course, Near Paths, Near Public Transport, Near Railroad
Elementary school Woodman Park Elementary School
Middle school Dover Middle School
High school Dover High School
Elementary school district Dover School District SAU #11
Middle school district Dover School District SAU #11
High school district Dover School District SAU #11
Directions Downtown Dover, to Henry Law Avenue, property located at the corner of Henry Law Ave and George Street.
Standard status Active
Size 3,338 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10706

Utilities

Heating system Ductless (Heating), Natural Gas, Forced Air
Cooling system Zoned, Ductless
Water source Public

Building Details

Year built 1875
Floors in Building 2
Number of units 3
Flooring type Laminate
Building materials Wood Frame
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Central Falls Realty · Century 21 Real Estate
Listed By: Paula Forbes
Added: May 19 Changed: Sep 12 Last Checked: Oct 5 at 9:06PM
MLS# 5089726

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,338-square-foot mixed-use property at 65 Henry Law Avenue includes a first-floor restaurant area with interior seating, commercial kitchen space, storage, and an outdoor deck. The upper levels contain an occupied one-bedroom apartment, a separate gutted two-bedroom apartment, and a closed-off third-floor area that previously contained two rooms. The building dates to 1875 and includes wood-frame construction, laminate flooring, natural-gas and ductless heating, zoned ductless cooling, and public water service.

The property sits in Dover’s Cocheco Waterfront District, directly across from Henry Law Park. The deck overlooks the river, while the surrounding park supports year-round events and pedestrian activity. The parcel measures 0.07 acres and is zoned CBD-G, with on-street parking available.

Key Highlights

  • 3,338‑square‑foot mixed‑use building on a 0.07‑acre parcel
  • First‑floor restaurant with interior seating for 24 to 30 people
  • Outdoor deck provides seating for 14 or more people

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,021
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,420 $1.0M
Cap Rate 7%
$743,157 $743.2K
Cap Rate 9%
$578,011 $578.0K
Market Conditions
NOI Build-Up for 3,338 SF
Gross rent
$72.1K $21.60/SF
− Vacancy
−$2.7K −$0.82/SF
EGI
$69.4K $20.78/SF
− OpEx
−$17.3K −$5.19/SF
NOI
$52.0K $15.58/SF
Area
Strafford County, NH
Vacancy
3.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,420
Cap Rate 7%
$743,157
Cap Rate 9%
$578,011

Alternative Uses

Best Use
Specialty Retail
$743.2K
$650.3K – $867.0K (±1% cap)
NOI $52,021 @ 7.0% cap · market cap 6.12%
Second Best
Mixed Use
$479.7K
$419.7K – $559.6K (±1% cap)
NOI $33,578 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$893.0K
$781.4K – $1.04M (±1% cap)
NOI $62,511 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

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

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

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,405
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - CBD-G property combines a street-level dining operation with residential space and an outdoor deck overlooking the river.
Where is this mixed-use property located?
The property is located at 65 Henry Law Avenue Dover, NH.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 3,338‑square‑foot mixed‑use building on a 0.07‑acre parcel; First‑floor restaurant with interior seating for 24 to 30 people; Outdoor deck provides seating for 14 or more people
More about this property
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