9 Winter StRochester, NH 03867

Property Details for 9 Winter St

Year built

1971

Construction

FRAME

Lot size

0.28 AC

Property size (Sq ft)

7,680 SF

Zone code

DTC

Property type

Retail space

APN

RCHE M:0120 B:0294 L:0000

APU

RCHEM0120B0294L0000

Description

This 6,720 square foot storefront, located at 9 Winter St in Rochester, NH, presents a compelling investment opportunity. Built in 1971, the property sits on a 0.28-acre lot with 178 feet of road frontage, offering excellent visibility from Route 125. Currently occupied by Rockingham Electric, the building features a combination of warehouse and retail space. The warehouse boasts high ceilings, garage access, and is ideal for storage. The retail area includes automatic sliding doors and large windows, maximizing natural light. The property is zoned STC and has a slab-concrete foundation and asphalt shingle roof. Utilities include public water, cable, and high-speed internet. Heating is provided by forced-air, LP gas. A leaseback option is available at $9.75 per square foot NNN for three years, with 3% annual increases and a three-year option to renew, including tenant rights to sublease. The property's strategic location near the Spaulding Turnpike and other well-established businesses like Dunkin' Donuts, Walgreens, and AutoZone ensures high traffic and visibility. This property is also available as part of a package deal with another property (MLS#4990371). The asking price is $775,000, with a price per square foot of $115.33. The building has one drive-in door with a 10-foot height.

• CAP approach

  CAP return

  Valuation

  6%

  $1,452,810

  6.5%

  $1,341,060

  7%

  $1,245,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,043,610

  Geo Method

  $1,043,610

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,615,190

  Mixed-Use / Specialty

  $1,336,280

  Hospitality / Lodging

  $980,382

  Office

  $1,328,340

  Institutional / Educational

  $1,389,190

  Residential Income

  $1,625,350

  Multifamily

  $1,949,360

  Automotive / Energy

  $1,190,730

  Parking / Income-Based Land

  $410,907

  Restaurant / Food Service

  $695,007

  Healthcare / Senior Housing

  $1,370,320

Location Insight

City

Rochester

County

Strafford

State

New Hampshire

Latitude

43.302

Longitude

-70.9718

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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