Industrial/Flex Building For Sale

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30720794
Property Subtypes: Free-Standing, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 13,972 SF
Gross Land Area: 1.40 Acres
Sale Price: $775,000
Unit Price: $55.47 PSF
Ceiling: 14 ft. Clear
Docks/Doors: 2 Docks
Office SF: 4,417 SF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2021

Overview / Comments

We are pleased to present the availability of an industrial/flex mixed use building for sale in Rochester, NH. This property is comprised of four separate units.

There is a 9,547+/- s.f. flex space that consists of 3,442+/- s.f. of office and 6,105+/- s.f. of manufacturing space. Currently is occupied by Intec Automation that will be relocating to a new building in by August 1, 2021.

There is also a small apartment that is 750+/- s.f. and a larger apartment that is 1,650+/- s.f. which are empty and have been used in the past to house visitors to Intec.

Tenant Continental Braze occupies 2,025+/- s.f. of manufacturing and office space on a month to month basis.

The building features two loading docks (14' x 12' and 8' x 8') and two drive in doors (10' x 12' and 12' x 11'). Ceiling height in the flex space ranges from 13' 11" and 15' 7".

Building is located in a secluded wooded area. Ideal location with quick access to Route 16 and is 2.2 miles (6 minutes) to downtown Rochester. There is ample on-site parking. Current uses are grandfathered.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $10,128 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Submarket/Township: Dover/Rochester/Somersworth
Taxing Authority: City of Rochester
Tax ID/APN: 0231-0083-0000
Zoning: AGRICULTURAL
Highway Access: Quick access to Route 16
Site Description: Secluded wooded area
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1969
Year Renovated: 2006
Roof Type: Gable
Construction/Siding: Block
Parking Type: Surface
Column Spacing: None
Sprinklers: None
Amps: 600
Volts: 480
X-Phase: 3
Heat Type: Electricity, Propane
Heat Source: Ceiling Units
Air Conditioning: Window Unit
Lighting: LED
Internet Access: Cable
Lot Frontage: 348
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,673 21,295 34,787
Median Age: 45.8 39.89 40.85
Households: 1,146 8,772 14,246

Contact

Photograph of Listing Agent

David F. Choate, III

Colliers International NECPE Member
Photograph of Listing Agent

Abigail K. Morneault

Colliers International NECPE Member
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