Two-Level Flex Building with Loading
For Sale
Contact for pricing
184 Milton Road, Rochester, NH 03868
Divisible commercial space offers separate upper- and lower-level occupancy, with on-site parking and HC zoning.
Property Size15,583 SF
Price / SF$0.00
Days on Market74
Property Features for 184 Milton Road
General Information
Standard status
Active
Size
15,583 SF
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Aug 17
Changed: Oct 28
Last Checked: Oct 28 at 3:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Longview Commercial Real Estate
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Investment Insights
Based on property information with market context.
This concrete-block flex building provides up to 15,583 square feet across two levels, with options for upper-level, lower-level, or full-building occupancy. The upper floor contains 7,750 square feet, 9-foot ceilings, two bathrooms, three-phase power, and three independent heat sources: a steam boiler and two FHA furnaces. An elevated 8-by-10-foot rear loading door is served by forklift access, and the front entrance is split-level. The 7,750-square-foot lower floor has 10-foot ceilings, two bathrooms, and an interior ramp connecting the levels.
The property is located on Route 125 in Rochester, New Hampshire. Ample surface parking is available on site, and HC zoning supports retail, food and beverage, entertainment, personal service, and select light commercial uses. Permitted uses require confirmation with the Town of Rochester.
The property is located on Route 125 in Rochester, New Hampshire. Ample surface parking is available on site, and HC zoning supports retail, food and beverage, entertainment, personal service, and select light commercial uses. Permitted uses require confirmation with the Town of Rochester.
Key Highlights
- Up to 15,583 SF across two levels; upper and lower floors are each 7,750 SF
- Upper level has 9‑foot ceilings, two bathrooms, three‑phase power, and three independent heat sources
- Elevated 8x10 rear loading door with forklift access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,522
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,350,440
$3.4M
Cap Rate 7%
$2,393,171
$2.4M
Cap Rate 9%
$1,861,356
$1.9M
Market Conditions
NOI Build-Up for 15,583 SF
Gross rent
$252.4K $16.20/SF
− Vacancy
−$13.1K −$0.84/SF
EGI
$239.3K $15.36/SF
− OpEx
−$71.8K −$4.61/SF
NOI
$167.5K $10.75/SF
Area
Strafford County, NH
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,350,440
Cap Rate 7%
$2,393,171
Cap Rate 9%
$1,861,356
Alternative Uses
Best Use
Flex RnD
$3.03M
$2.65M – $3.53M
NOI $212,003 @ 7.0% cap · market cap 3,533,383.33%
Second Best
Warehouse
$2.70M
$2.36M – $3.15M
NOI $189,146 @ 7.0% cap · market cap 3,152,433.33%
Theoretical Best
Office A
$4.17M
$3.65M – $4.86M
NOI $291,826 @ 7.0% cap · market cap 4,863,766.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 03868, NH
6,065
Population
2,426
Households
2.5
Avg Household Size
46
Median Age
32%
College-Educated
97%
High-School Grad
8.7 sq mi
ZIP Area
697
Density / Sq Mi
$89,000
Median Household Income
$45,152
Median Earnings
$948
Median Rent
$258,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Mitchell Hill BBQ
Frequently Asked Questions
What type of property is this?
Flex space - Divisible commercial space offers separate upper- and lower-level occupancy, with on-site parking and HC zoning.
Where is this flex space located?
The property is located at 184 Milton Road Rochester, NH.
What are key features of this property?
This property features: Up to 15,583 SF across two levels; upper and lower floors are each 7,750 SF; Upper level has 9‑foot ceilings, two bathrooms, three‑phase power, and three independent heat sources; Elevated 8x10 rear loading door with forklift access
