9-11 Mechanic ST, Dover, NH 03820
9-11 Mechanic ST, Dover, NH 03820
9-11 Mechanic ST, Dover, NH 03820
9-11 Mechanic ST, Dover, NH 03820
9-11 Mechanic ST, Dover, NH 03820
9-11 Mechanic ST, Dover, NH 03820
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
Listed by Justin C Haley • Compass New England, LLC
$ 689,000
Est. payment | /mo

6,969 Sqft Lot

Save
$ 689,000
Est. payment | /mo
Save

6,969 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5110263

Annual Tax Amount $9,372

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Introducing Mechanic Street Landing - a fully designed, engineered and city-approved development opportunity in the heart of downtown Dover. The approved 5-story mixed-use project includes 9 residential units (8 two-bedroom units and 1 studio), 2 ground-level commercial spaces and 8 on-site parking spaces. With approvals and plans already in place, a buyer can advance toward construction and develop a long-term income-producing asset or build, stabilize and sell. Detailed architectural, engineering and site plans are available to qualified buyers… Ownership has also explored two alternative concepts that may offer additional upside (subject to revised plans and City/Planning Board approval): reconfiguring the project into 18 one-bedroom rental units with ground-level common amenities, or converting the residential component into 9 individually saleable condominiums with common amenity space… Located in the heart of downtown Dover, the property offers exceptional walkability to restaurants, retail, entertainment and the waterfront. A rare opportunity to acquire an entitled “shovel-ready” downtown development project with approvals in place and multiple potential investment strategies. Buyer to perform independent due diligence - the property is being offered as land with an existing structure in tear-down condition.

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning CBD-G

Interior

Cooling None

Inclusions Land/Building

Exterior

Utilities Available Cable Available

Building

Sewer Public

PrimeMLS

NEARBY SCHOOLS & PROPERTIES

Guillermo A Molina Jr

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA 01950, United States

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9-11 Mechanic ST

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