39 S Main St - Storefront FOR SALE


Rochester, NH 03867
$750,000 USD
781-776-4012
39 S Main St, Rochester, NH for Sale
$750,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

39 S Main St
Rochester, NH 03867


HIGHLIGHTS

  • In-Place Lease
  • Upside Potential
  • Versatile Zoning
  • Prime Retail Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the value-add retail building located at 39 S Main Street in Rochester, New Hampshire (the “Property”). The building contains 8,000 square feet of gross leasable area on a 0.51-acre corner parcel. 39 S Main Street is comprised of three (3) units and is leased to Postal Center USA and has two vacant units. The Property offers significant upside through the lease up of the 6,500 square feet of vacant space. 39 S Main Street is zoned DC Downtown Commercial District, one of the most versatile zoning designations in Rochester that allows for a wide range of uses. 39 S Main Street is situated in the heart of downtown Rochester’s with direct access to both residential neighborhoods and downtown retailers that provide goods and services to the community. The parcel benefits from excellent frontage and visibility on S Main, Portland and Congress Streets, with prominent signage, three points of access, and ample parking. The location is down the street from the city’s municipal offices and is a short drive from Frisbie Memorial Hospital. The Property is located seconds from Columbus Avenue (NH Route 125), the area’s primary retail corridor and is 1.3-miles from the junction of US Route 202 and Spaulding Turnpike (NH Route 16), the area’s primary commuter corridors.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

DTC

APN/PARCEL ID

RCHE-000120-000352

ASK ABOUT THIS PROPERTY

Aaron HuntleyHorvath & TremblayMore Info
781-776-4012

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Aaron HuntleyHorvath & TremblayMore Info
781-776-4012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.