Multi-Unit Office
827 Central Ave Dover, NH 03820
For Sale
Contact for pricing
Five office rental units totaling 7,511 SF on Central Ave near Hannaford's Plaza.
Property Size7,511 SF
Price / SF$219.68
Days on Market780
Property Features for 827 Central Ave
General Information
- Standard status
- Active
- Size
- 7,511 SF
- Property subtype
- EXECUTIVE_SUITES
Listing Agency:
eXp Realty
(617) 259-0810
Listed By:
Bill Riffert
(617) 259-0810
Source:
Moodyscre
Added: Jun 7, 2024
Changed: Jul 25
Last Checked: Jul 25 at 1:37PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This for-sale commercial office building consists of five rental units designed to support a range of business needs. Unit sizes include approximately 700+/- square feet and 1,400+/- square feet, offering flexibility in configuration across the property.
Located at 827 Central Ave in Dover, NH, the building is positioned adjacent to Hannaford's Plaza. It is also situated at a signalized intersection, supporting straightforward access and prominent visibility for tenants and customers.
Located at 827 Central Ave in Dover, NH, the building is positioned adjacent to Hannaford's Plaza. It is also situated at a signalized intersection, supporting straightforward access and prominent visibility for tenants and customers.
Key Highlights
- Five office rental units totaling 7,511 SF on Central Ave in Dover
- Unit sizes range from 700+/- SF to 1,400+/- SF for tenant flexibility
- Located adjacent to Hannaford's Plaza shopping center
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 | $157.7k | $21.00 |
| − Vacancy | −$21.0k | −$2.79 |
| EGI | $136.8k | $18.21 |
| − OpEx | −$34.2k | −$4.55 |
| NOI | $102.6k | $13.66 |
7,511 SF · lease $21.00/SF/yr · vacancy 13.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.47M
$1.28M – $1.71M
NOI $102,565 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,660 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
John Reeves: Allstate ...
Insurance Agency
Allstate Personal Financial ...
Financial Advisor
Astorino Gerald OD
Physician
MyEyeDr.
Contact Lenses Supplier
Statix
Hair Salon
FAQs
What type of property is this?
Office building - Five office rental units totaling 7,511 SF on Central Ave near Hannaford's Plaza.
Where is this office building located?
The property is located at 827 Central Ave Dover, NH.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Five office rental units totaling 7,511 SF on Central Ave in Dover; Unit sizes range from 700+/- SF to 1,400+/- SF for tenant flexibility; Located adjacent to Hannaford's Plaza shopping center
