175 Autumn St Rochester, NH 03868

Property Details for 175 Autumn St

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a rare chance to acquire a piece of East Rochester history. The property, formerly Boucher's Corner Store, boasts a prime location and substantial income potential. Currently, four fully rented residential units generate consistent cash flow. In addition, the property includes a fully rented automotive garage, gas pumps, and propane sales, further diversifying income streams. Ample parking accommodates over 30 vehicles. The existing leases provide immediate return, with an expiration date of November 2024, offering flexibility for future operations. The seller is motivated to sell. A significant advantage is the 5,000 square foot vacant second floor, readily adaptable into additional residential units, significantly increasing rental income. This presents a unique chance to either maintain the existing successful rental operation or to actively manage and expand the business upon lease expiration. The property's size and diverse income streams make it an attractive investment for both seasoned investors and those seeking a high-return venture. Don't miss this chance to own a piece of East Rochester's rich commercial heritage and secure a promising financial future. The property is located at 175 Autumn Street, Rochester, NH and is listed at $2,500,000.

Location Insight

City

Rochester

County

Strafford

State

New Hampshire

Longitude

-70.9407

Latitude

43.3344