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      114-118 South Main StreetRochester, NH 03867MLS Number 4647187

      • Price: $525,000The price has recently decreased
      • 151 Days on Market
      PrintSave Favorite
      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      • 0.29Acreage
      • 1881Year Built
      • 2992Square Feet
      • 125Map

      Existing clean neat residential triplex with great stabilized investment income or for owner occupied residential/commercial retail/office use. Higher and better use would be for redevelopment as a stand-alone retail fast food with drive-through, or 5-Story retail/office/residential mixed-use. Currently, the following abutting /close neighboring businesses are 24-hour: Walgreen, Cumberland Farms and Dunkin' Donuts. This in-town property is comprised of two abutting parcels totaling approximately 0.29 acres. Zoning for this property is DTC - Down Town Commercial encompassed by an ERZ-Economic Recovery Overlay district. The DTC zoning has many redevelopment advantages, such as zero lot line building, no on-site parking requirement, no fee site planning costs, no maximum lot coverage requirement, permitted drive-through and 24-hour operation. The ERZ give the business owner state tax credits for BT and BET. Block Grant monies available and other development incentives available.

      Listed by Peter Quinn of NH Real Estate/Somersworth

      Your Local Office

      Rye Office
      1215 Ocean Blvd
      Rye NH, 03870

      Office: 603-319-8100

      More Info

      Basic Information

      • Modification Date08/10/2017
      • List Price$525,000
      • Date Listed2017-07-14T00:00:00
      • StatusACT
      • MLS Number4647187

      Property

      • Property TypeCommercial Sale
      • Road Frontage100
      • Traffic Count30000
      • ZoningDTC
      • Lot Sqft12632
      • TypeDevelopment, Investment, Land, Multi-Family, Office, Opportunity, Retail
      • Acreage0.29

      Location

      • Zip03867
      • StateNH
      • Building Number114-118
      • TownRochester
      • CountyStrafford
      • Map125
      • AreaBusiness District, Commercial Zoning, In Town, Near Shopping, Near Public Transportatn
      • StreetSouth Main

      Utilities

      • FuelGas - Natural
      • Heating CoolingBaseboard, Hot Water

      Other

      • Broker NameNH Real Estate/Somersworth
      • Agent NameQuinn
      • bloggingYes
      • Book2958
      • Transport AccessCity Street, Near Airport, Public Transportation, State Highway, Town Highway, Paved
      • Page704
      • Delayed ShowingsNo
      • Number of Photos31
      • View Count5

      Building

      • Square Feet2992
      • Year Built1881
      • FoundationBrick, Stone
      • Units3
      • ConstructionInsulation-Cellulose, Insulation-FiberglssBatt, Wood Frame

      Interior

      • BasementBulkhead, Concrete Floor, Dirt Floor, Full

      Exterior

      • RoofMembrane, Shingle - Architectural, Shingle - Asphalt
      • ExteriorClapboard

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      Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

       

       

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