Multiple Building Mixed Use Property

Retail-Commercial for Sale
Catylist Listing ID: 30826521
Property Subtypes: Convenience Store, Mixed Use, Service Station/Gas Station, Vehicle Related
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.04 Acres
Sale Price: $2,200,000
Unit Price: $146.67 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Boucher's Corner Store
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2023

Overview / Comments

Multiple Building - Mixed use property consisting of a well established neighborhood Convenience Store in the heart of down town East Rochester. Including a Gas Station, Auto Repair Shop and 4 unit Residential apartment building. Transform the currently vacant upper level of the Main Building to Residential Apartments for added income. Great investment property!

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 0103/0107/0000
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Tourist, Recreation
Property Located Between: Rochester, NH & Lebanon, ME
Property Visibility: Excellent
Largest Nearby Street: Route 202
Highway Access: Route 16 (Spaulding Turnpike) approximately 3 miles
Site Description: Multi use property consisting of Convenience Store, Gas Station, Service Station, Auto Detailer & 4 Residential units.
Area Description: Neighborhood, busy 4 way intersection to the border of Maine.
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 2
Property Condition: Good
Roof Type: Flat
Construction/Siding: Brick/Vinyl Siding
Exterior Description: One building being Brick, 3 buildings being vinyl and one being wood.
Parking Type: Surface
Parking Description: Asphalt parking lot
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Interior Description: Store, Residential Apartments, Auto Repair shop
Zoning Description: Downtown commercial zoning
Lot Frontage: 200 +/-
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Land to be owned by buyer

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 21,763 39,055
Median Age: 39.57 40.29
Households: 8,897 15,821

Contact

Photograph of Listing Agent

William L Cormier

Century 21 North East NECPE Member
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