Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    65 Hanson St Rochester, NH 03867

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,200 /Mo

    Retail space in downtown Rochester with high-traffic location and parking.

    Lot size:
    1.00 Acre

    Property Features for 65 Hanson St

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Andy Yau
    Andy Yau
    Source: Exitrealty

    Listing Agency: Re/Max Shoreline Listing Agent: Andy Yau

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Downtown Rochester Retail Space Available

    Located in downtown Rochester, at the corner of Columbus Ave and Portland St, this retail space benefits from natural advertising due to the high traffic in the area. The brick building offers potential for retail or franchise businesses. A separate parking lot is an added benefit. Sign frontage is available, and the location is within walking distance to amenities. Nearby landmarks include Moe’s Italian Sandwiches, Rochester Courthouse, Town Hall, and Citizens Bank. The space shares the building with Transfurmations Dog Spa and Smitten Yarn Co. The retail space is over 600 square feet and includes a full, dry, walk-up basement for storage. A renovated bathroom features new floors, paint, toilet, and sink. The landlord covers property taxes, insurance, water, sewer, landscaping, snow plowing, and trash removal. Two garage bays are available for an additional monthly fee.
    Location Intelligence

    Current Use by Public Records

    Integrity Home Team ... Real Estate Agency Kami Lee, Real ... Real Estate Agency Sarah O'Brien, INTEGRITY ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.9735552
    Latitude
    43.3048734

    Nearby Similar for Lease

    • Contact for pricing
      43,560 SF

      Downtown Rochester Retail Space Available

      Prime retail space in the heart of downtown Rochester.
      65 Hanson St, Rochester, NH 03867
      View Details
    • $5 SF/Yr

      Rochester Flex Space Opportunity

      Versatile flex, R&D, lab, and office space for lease.
      35E Industrial Way, Rochester, NH 03867
      View Details
    • $18 SF/Yr

      Retail Suites at Lilac Plaza

      Retail spaces for lease with upcoming renovations and upgrades.
      181-183B Wakefield St, Rochester, NH 03867
      View Details
    • $12 SF/Yr

      Rochester Office and Warehouse Space

      Office and warehouse space for lease in Rochester, NH.
      25 Old Dover Rd, Rochester, NH 03867
      View Details
    • $9 SF/Yr

      Rochester Warehouse and Office Space

      Warehouse and office units available for lease in Rochester, NH.
      25 Old Dover Rd, Rochester, NH 03867
      View Details
    • $500 /Mo

      Professional Arts Centre Office Space

      Office space for lease in well-located Professional Arts Centre.
      40 Winter St, Rochester, NH 03867
      View Details
    • $450 /Mo

      Professional Arts Centre Office Space

      Office space for lease in well-located professional building.
      40 Winter St, Rochester, NH 03867
      View Details
    • $20 SF/Yr

      Retail Suites at Lilac Plaza

      Retail spaces for lease with planned renovations and upgrades.
      181-193B Wakefield St, Rochester, NH 03867
      View Details
    • $6 SF/Yr

      Rochester Commercial Space For Rent

      Centrally located commercial space with high visibility and ample parking.
      24 Signal St, Rochester, NH 03867
      View Details
    • $5 SF/Yr

      Rochester Flex, R&D, and Lab

      Office, flex, R&D, and lab leasing options available.
      35E Industrial Way, Rochester, NH 03867
      View Details
    • $18 SF/Yr

      Retail Suites at Lilac Plaza

      Retail spaces for lease with planned 2025 renovations.
      181-183B Wakefield St, Rochester, NH 03867
      View Details
    • $1,200 /Mo

      Downtown Rochester Retail Space Available

      Retail space in downtown Rochester with additional parking lot.
      65 Hanson St, Rochester, NH 03867
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in downtown Rochester with high-traffic location and parking.
    Where is this retail space located?
    The property is located at 65 Hanson St Rochester, NH.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    What are key features of this property?
    This property features: - Prime downtown Rochester location with high traffic and visibility.; - Includes a separate parking lot, a significant advantage in a downtown area.; - Full, dry, walk-up basement provides ample storage space.
    (603) 969-6216
    Request Owner's contact information
    65 Hanson St Rochester, NH 03867
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    65 Hanson St
    Rochester, NH 03867
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    65 Hanson St Rochester, NH 03867
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andy Yau
    Andy Yau
    Real Estate License ID: 074320
    (603) 969-6216 (603) 431-1111 (646) 525-1672
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!