The Gonic Mill - Investment & Development Opportunity
Retail-Commercial
for Sale
Sale Pending
Also listed as Industrial, Office
| Catylist Listing ID: |
30798862 |
| Property Subtypes: |
Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
|
| Status: |
Pending |
| Building Size (RSF): |
179,218 SF
|
| Gross Land Area: |
25.11 Acres
|
| Sale Price: |
$6,250,000 |
| Unit Price: |
$34.87 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/18/2024 |
Overview / Comments
The Gonic Mill is a historic landmark in Rochester that has been a part of the community since the early 1900's. This multi-unit commercial / industrial building is 95% leased and sits on 5.27± acres. It is being sold as a package with an abutting 19.64± acres suitable for potential development of 20± duplexes and a fully leased duplex on Church Street, that also abuts the Gonic Mill.
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Tax ID/APN: |
0142-0003-0000 |
| Zoning: |
OFC |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Other |
| Highway Access: |
Follow NH-16 N to NH-125 S. Take exit 12 from NH-16 N. Continue on NH-125 S to Pickering Road. |
| Tenancy: |
Multiple Tenants |
| Number of Stories: |
4 |
| Parking Type: |
Surface |
| Zoning Description: |
The Gonic Mill: OFC (General Office); The Land: Agriculture; The Duplex: Residential 1 |
| Lot Frontage: |
420 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,643 |
20,574 |
46,035 |
| Median Age: |
39.44 |
40.48 |
40.26 |
| Households: |
1,392 |
8,510 |
18,487 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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