MLS Number 4765326
- Acreage 0.55
- Zoning CBD
Exciting redevelopment opportunity in the heart of downtown Dover! This package is comprised of three separate lots totaling 24,163 square feet (.55 acres) in the Central Business District. Dover is exploding with growth and has recently been named one of the fastest growing Cities in NH! This parcel was previously approved for a 48 unit, residential condominium project with underground parking. Plans and engineering are available and show two separate 4-story buildings with upper levels offering spectacular long range views looking down the Cocheco River! The project will require a re-visit to the planning board for approval (and that may require modifications to the project) but the vast majority of the planning and engineering for this project is complete. The renderings shown are what was previously approved for the site. There are several large-scale construction projects underway in downtown Dover and this is one of the last best parcels left to be developed in the City! Once complete, this project would offer something the others do not - ownership opportunities to residents via condo sales, not rental apartments. Of course, you may want to consider modifying the scope of the project and switching gears to a large-scale apartment development. Either way, this is a desirable location and the site is within walking distance to the waterfront, grocery stores, shops, restaurants, museums, parks and other downtown attractions! Call today for more information.
Listed by Jamieson Duston of Bean Group / Portsmouth
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Est. Mortgage: $/month
Federal 30-year interest rate: 3.73% last updated on 2019-09-19
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