DOVER, NH – A former Burger King restaurant located in Dover, New Hampshire, has sold for $1,800,000 in April, with plans to demolish the existing structure and develop a new hotel on the site.
The transaction was represented by David Garvey, Managing Broker and Mark Bouzianis, a commercial specialist with Coastal Land and Commercial Group (CLCG), who brought unique industry insight to the deal as a former hotel company owner.
The sale represents a significant transformation for the Dover location, converting a quick-service restaurant property into a hospitality destination. The strategic repositioning of the site reflects growing demand for hotel accommodations in the Dover market and demonstrates the evolving nature of commercial real estate development in New Hampshire.
“This transaction exemplifies the dynamic nature of commercial real estate, where properties can be reimagined to meet changing market demands,” said Bouzianis. “Having been a hotel company owner myself, I understood both the potential of this site and what developers look for in hospitality projects. This knowledge proved invaluable in connecting the right buyer with this opportunity.”
Mark’s background as a former hotel company owner provided a unique perspective throughout the transaction process, enabling him to communicate the site’s potential for hospitality development effectively. Tim Burkhardt, President of Hotels for LaFrance Hospitality, who acquired the property, expressed enthusiasm about the project’s potential.
“Dover is a strong location within the seacoast region, and this site offers the accessibility and visibility crucial for success. We’re excited to bring a new accommodation option to the area and contribute to the local economy.”
The redevelopment of this site marks another step forward in Dover’s continued growth, as strategic investments reshape the local commercial landscape. With strong fundamentals supporting hospitality demand, projects like this signal long-term confidence in the market and its economic trajectory.
About Coastal Land & Commercial Group: As leaders in New England’s commercial real estate sector, CLCG specializes in strategic investments and expert market guidance. The firm’s comprehensive approach combines extensive local market knowledge with innovative strategies to deliver exceptional results for clients seeking commercial real estate solutions.
Press Contact:
Margaret Keith – Margaret@kwclcg.com