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Turnkey Medical Office Condo
For Sale
$195,000

F-42 Dover Point Rd, Dover, NH 03820

Professional office condo with a fully equipped sound room and hearing testing setup, furnished and ready to operate.

Property Size1,008 SF
Price / SF$193.45
Days on Market145

Property Features for F-42 Dover Point Rd

General Information

Standard status Active
Size 1,008 SF

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $2,152
Listing Agency: KW Coastal and Lakes & Mountains Realty
Listed By: Purple Acorn Acorn
Source: Exprealty
Added: May 24 Changed: Oct 14 Last Checked: Oct 12 at 9:22PM

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 KW Coastal and Lakes & Mountains Realty

Investment Insights

Based on property information with market context.

Turnkey medical office condo established for a hearing aid practice, offered with a professionally designed, functional interior for immediate use. The space includes a fully equipped sound room and hearing testing equipment that was professionally installed, along with furnishings and supplies intended to support day-one operations. The offering also references existing practice website and digital presence, positioning the space for quick launch by a qualified operator.

The property is located in Dover, NH at F-42 Dover Point Rd and is described as being within a thriving corporate environment with a large parking lot suitable for both staff and clients. It is also noted to be conveniently situated near several senior and assisted living communities.

With approximately 1,008 square feet, this is a purpose-ready office setting for hearing aid services, audiology, hearing instrument specialty, or an ENT practice looking for a ready-to-operate footprint.

Key Highlights

  • Established hearing aid practice available in Dover, NH, with a professional office condo ready to operate.
  • 1,008 sq ft professional office condo with a fully equipped sound room and professionally installed hearing testing equipment.
  • Furnished with supplies needed to begin seeing patients immediately, plus a practice website and digital presence.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,764
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,280 $275.3K
Cap Rate 7%
$196,629 $196.6K
Cap Rate 9%
$152,933 $152.9K
Market Conditions
NOI Build-Up for 1,008 SF
Gross rent
$21.2K $21.00/SF
− Vacancy
−$2.8K −$2.79/SF
EGI
$18.4K $18.21/SF
− OpEx
−$4.6K −$4.55/SF
NOI
$13.8K $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%
$275,280
Cap Rate 7%
$196,629
Cap Rate 9%
$152,933

Alternative Uses

Best Use
Office B
$196.6K
$172.1K – $229.4K (±1% cap)
NOI $13,764 @ 7.0% cap · market cap 7.06%
Second Best
Healthcare Medical
$194.9K
$170.5K – $227.4K (±1% cap)
NOI $13,641 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$269.7K
$236.0K – $314.6K (±1% cap)
NOI $18,877 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby
Under-served
Demand for This Use

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office condo with a fully equipped sound room and hearing testing setup, furnished and ready to operate.
Where is this medical office space located?
The property is located at F-42 Dover Point Rd Dover, NH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Established hearing aid practice available in Dover, NH, with a professional office condo ready to operate.; 1,008 sq ft professional office condo with a fully equipped sound room and professionally installed hearing testing equipment.; Furnished with supplies needed to begin seeing patients immediately, plus a practice website and digital presence.
More about this property
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