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.
Details
| MLS # | 5110262 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Days On Site | 14 |
| Listing Provided By | Compass New England, LLC | Justin C Haley |
Features
| Zoning | CBD-G |
|---|---|
| Acreage | 0.16 |
Exterior
| Lot Features | City Lot |
|---|
Utilities
| Utilities | Cable Available |
|---|---|
| Electric | At Street |
| Sewer | Public |
Taxes
| Tax Annual Amount | 9372 |
|---|---|
| Tax Block | 0101 |
| Tax Lot | 0000 |
| Tax Year | 2025 |
Area Information
| State | NH |
|---|---|
| County | Strafford |
| City | Dover |
| Zip Code | 03820 |
| Area | NH Strafford |
| Listing VS Median (in 03820) | |
Price: $689,000 low | high Med: $1,250,000 On site: 14 low | high Med: 549.5 | |
Market Activity 03820
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Learn More About This Property
| State | NH |
|---|---|
| County | Strafford |
| City | Dover |
| Zip Code | 03820 |
| Area | NH Strafford |
| Listing VS Median (in 03820) | |
Price: $689,000 low | high Med: $1,250,000 On site: 14 low | high Med: 549.5 | |
 | $550,00019 School StreetDover, NH 03820 |
 | $550,00019 School StreetDover, NH 03820 |