Attractive Retail/Office Building for Sale

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30712507
Property Subtypes: Day Care Facility, Free-Standing Building, Street Retail
Building Size (RSF): 3,600 SF
Gross Land Area: 0.46 Acres
Sale Price: $359,900
Unit Price: $99.97 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 3,600 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/22/2021

Overview / Comments

Attractive stand alone well maintained retail/office building with aesthetically pleasing finishes throughout. Coveted location on route 125 with easy highway access. The property lends itself to a retail oriented or office business with good visibility, high traffic counts and excellent signage. Recently used as a Physical Therapy Practice, this location could be good for a similar practice as well as a daycare, CPA office, martial arts studio, antique shop, medical facility or a variety of other uses with the approval from the City of Rochester. This property has two separate meters and could make a great owner user/investment opportunity.
Building offers great retail exposure and ample signage to take advantage of the busy street traffic. The layout is primarily open though additional offices can be added if desired.
The space consists of a reception area, various offices, an open collaborative area, small kitchenette, and storage.
The building boasts plenty of on-site parking and great access off Exits 11 and 12 to Route 16/Spaulding Turnpike and Route 125. In close proximity to all the amenities of downtown Rochester.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 0262-0073-0000
Retail Clientele: General, Family, Business, Traveler, Other
Property Visibility: Excellent
Largest Nearby Street: Route 125
Feet of Frontage: 155
Traffic/Vehicle Count: 15,000
Highway Access: Rt 125 north to Property (will be on the left). If coming from Portsmouth/Seacoast area take NH 16 N to exit to 12, Rt 125 south. Property will be on the right.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,600 SF
Property Condition: Good
Year Built: 2002
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Surface
Parking Description: Ample on-site parking
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 155
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Easements Description: Access and Utility Easement

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,935 18,703 50,167
Median Age: 38.41 40.39 39.72
Households: 1,580 7,284 20,044


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