First-Floor Office
8 Patriot Drive #8 Dover, NH 03820
New
For Sale
$105,000
First-floor office condo with open work area, kitchenette, private bathroom, and two deeded parking spaces included.
Property Size572 SF
Price / SF$183.57
Days on Market4
Property Features for 8 Patriot Drive #8
General Information
Standard status
Active
Size
572 SF
Property subtype
Commercial
Building Details
Year Built
2009
Listing Agency:
Colliers International
(724) 553-8720
Listed By:
Abby Bachman
(724) 553-8720
Source:
Startpoint
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 29 at 1:24PM
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 Colliers International
Investment Insights
Based on property information with market context.
Small first-floor office condominium is available for sale within a mixed-use building containing only six units. Unit 8 offers approximately 572 SF of space with a large open area, plus a kitchenette and a private bathroom. The sale includes two deeded parking spaces.
The property is located just off Exit 7 on Spaulding Turnpike/Route 16, with under-10-minute access to and from downtown Dover, NH.
Currently, the space is used as business offices for Mezzanine Catering, with the business expected to relocate within Dover, NH.
The property is located just off Exit 7 on Spaulding Turnpike/Route 16, with under-10-minute access to and from downtown Dover, NH.
Currently, the space is used as business offices for Mezzanine Catering, with the business expected to relocate within Dover, NH.
Key Highlights
- First‑floor office condo in a 6‑unit mixed‑use building built in 2009
- Unit 8 offers 572± SF with a large open work area plus a kitchenette
- Includes a private bathroom in Unit 8
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 | $12.0k | $21.00 |
| − Vacancy | −$1.6k | −$2.79 |
| EGI | $10.4k | $18.21 |
| − OpEx | −$2.6k | −$4.55 |
| NOI | $7.8k | $13.66 |
572 SF · lease $21.00/SF/yr · vacancy 13.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$111.6K
$97.6K – $130.2K
NOI $7,811 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$153.0K
$133.9K – $178.5K
NOI $10,712 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - First-floor office condo with open work area, kitchenette, private bathroom, and two deeded parking spaces included.
Where is this office units located?
The property is located at 8 Patriot Drive #8 Dover, NH.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: First‑floor office condo in a 6‑unit mixed‑use building built in 2009; Unit 8 offers 572± SF with a large open work area plus a kitchenette; Includes a private bathroom in Unit 8
