40 Winter StRochester, NH 03867

  • Healthcare properties
  • 20,000 SF
For Lease

Property Details for 40 Winter St

Year built
1974
Construction
STEEL FRAME
Lot size
3.43 AC
Property size (Sq ft)
20,000 SF
Zone code
DTC
Property type
Healthcare properties
Property subtype
Medical offices
APN
RCHE M:0120 B:0309 L:0000
APU
RCHEM0120B0309L0000

Description

This three-story, 30,000 square foot office building at 40 Winter Street in Rochester, NH (03867) offers flexible lease options ranging from 152 to 6,143 contiguous square feet. Currently, 6,143 square feet of vacant space is immediately available on the third floor within the Professional Arts Centre. Built in 1974, the building boasts convenient amenities including elevators, ample on-site parking, and ADA accessibility. Its desirable downtown location provides excellent walkability to Rochester's amenities and benefits from prominent roadside signage along Route 125/Columbus Avenue. The building enjoys easy access to major roadways including the Spaulding Turnpike (Route 16), Route 202, and Route 11, placing it within convenient reach of New Hampshire's Seacoast, Lakes Region, and White Mountains. The building is zoned DT and is currently home to established businesses such as Alliance for Dental Care, Groups Recover Together, Labcorp, and Seacoast Accountability, providing a strong and reputable tenant mix. This presents a unique opportunity for businesses seeking a well-located, accessible, and amenity-rich office space in a thriving downtown environment. Inquire today to learn more about lease terms and available space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,306,598
    6.5%
    $3,052,244
    7%
    $2,834,226
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,613,200
    Geo Method
    $2,613,200
  • Alternative Use

    Use
    Valuation
    Residential
    $3,784,782
    Hospitality
    $3,466,840
    Educational
    $2,884,370
    Medical
    $2,983,568
    Retail
    $4,486,798
40 Winter St, Rochester, New Hampshire

Location Insight

City
Rochester
County
Strafford
State
New Hampshire
Latitude
43.304
Longitude
-70.9705
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,786
$169,300
$1,298,700
$1,468,000
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FAQs

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