• Year Built: 1900
542 Central Ave is amulti-family property for lease in Dover, NH.
Tremendous development opportunity in downtown Dover. Two properties-540-542 Central Ave and 4 Sixth Street sit on .187 acres (8,145 sq. ft.), offer two store fronts and approximately 6,600 sq. ft. of useable space. Located in CBD district which accommodates many uses. Currently the four residential units are rented and one commercial unit is rented. All units except one are tenants at will. One tenant has a lease until August. Both storefronts have 12' ceilings. Gross Annual income is currently $37,968. The assessments collectively for both properties have recently been reduced to $432,800 and the annual collective taxes are $11,017.
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- Chris Norwood, agent and Rofo Pro