323 Gonic Rd #2BRochester, NH 03839

Property Details for 323 Gonic Rd #2B

Year built

1985

Construction

FRAME

Lot size

5.00 AC

Property size (Sq ft)

19,350 SF

Zone code

HC

Property type

Retail properties

Property subtype

Retail space

APN

RCHE M:0258 B:0061 L:0000

APU

RCHEM0258B0061L0000

Description

This ±2,070 square foot commercial unit, located at 323 Gonic Road #2B in Rochester, New Hampshire (zip code 03839), is available for lease. Situated in a well-maintained strip center on busy Route 125, this space offers excellent road frontage and high visibility, ensuring optimal exposure to a significant volume of local traffic. The property, built in 1985 and zoned H, is part of a larger building totaling 19,350 square feet. This single-tenant space is ideal for a variety of uses, including retail showrooms or office setups. The layout features large, open rooms perfect for showcasing products or creating a collaborative workspace, complemented by a smaller private office, providing a balance of open and private areas. An ADA-compliant bathroom and shared kitchen are included, adding convenience and accessibility. The unit benefits from ample natural light and high ceilings, creating a bright and versatile environment. The property is conveniently located minutes from the Barrington line and Route 16, offering easy access to major transportation routes. Abundant parking is available for both customers and employees. This vibrant location makes it an excellent opportunity for businesses seeking to establish or expand their presence in the Rochester market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,702,726

  6.5%

  $4,340,978

  7%

  $4,030,908

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,371,243

  Geo Method

  $6,371,243

• Alternative Use

  Use

  Valuation

  Residential

  $3,661,777

  Hospitality

  $3,354,168

  Educational

  $2,790,628

  Medical

  $2,886,602

  Retail

  $4,340,978

Location Insight

City

Rochester

County

Strafford

State

New Hampshire

Latitude

43.2616

Longitude

-70.9798

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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