Mixed-Use Live/Work
For Sale
$375,000
80 Chestnut Hill Road, Rochester, NH 03867
Street-facing commercial space with an attached carport and a long-term rented 2-bedroom apartment on the same property.
Property Size2,738 SF
Price / SF$136.96
Days on Market51
Property Features for 80 Chestnut Hill Road
General Information
Standard status
Active
Size
2,738 SF
Property subtype
Multi Family Home
Building Details
Year Built
1920
Listing Agency:
Real Broker Nh, LLC
(207) 994-5077
Listed By:
Orion Moquin
(207) 994-5077
Source:
Threehillsres
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 30 at 1:12PM
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 Real Broker Nh, LLC
Investment Insights
Based on property information with market context.
This mixed-use live/work building, built in 1920, includes an open, street-facing commercial space of approximately 1,400 square feet and a separate 2-bedroom apartment. The commercial area is configured for storefront-style use, and the property features an oversized, grandfathered sign at the street. An attached carport, paved parking in front, and a deep lot behind support both customer access and day-to-day convenience.
The site is located on Chestnut Hill Road in Rochester, NH, positioned between downtown Rochester and The Ridge. The property offers quick access to Routes 16, 11, and 125, and the street-facing location is designed to keep the business presence visible from the road.
The building is zoned Neighborhood Mixed Use, supporting a range of commercial uses. The commercial space may be suitable for concepts such as a hair salon, professional office, cafe, sit-down restaurant, boutique, antique shop, florist, or artist’s studio, with certain uses described as by right and others requiring town approval—confirm availability for your specific plan with the City of Rochester. The apartment is currently rented to long-term tenants, providing residential occupancy alongside the street-level business space. Buyer to conduct their own due diligence.
The site is located on Chestnut Hill Road in Rochester, NH, positioned between downtown Rochester and The Ridge. The property offers quick access to Routes 16, 11, and 125, and the street-facing location is designed to keep the business presence visible from the road.
The building is zoned Neighborhood Mixed Use, supporting a range of commercial uses. The commercial space may be suitable for concepts such as a hair salon, professional office, cafe, sit-down restaurant, boutique, antique shop, florist, or artist’s studio, with certain uses described as by right and others requiring town approval—confirm availability for your specific plan with the City of Rochester. The apartment is currently rented to long-term tenants, providing residential occupancy alongside the street-level business space. Buyer to conduct their own due diligence.
Key Highlights
- Neighborhood Mixed Use zoning allows both business use and on‑site living on the same lot (confirm uses with the City of Rochester).
- Street‑facing commercial space of about 1,400 SF with potential by‑right uses such as office, cafe, sit‑down restaurant, boutique, antique shop, florist, or studio.
- 2‑bedroom apartment on the same property is already rented to long‑term tenants.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.3k | $18.00 |
| − Vacancy | −$1.9k | −$0.68 |
| EGI | $47.4k | $17.32 |
| − OpEx | −$14.2k | −$5.19 |
| NOI | $33.2k | $12.12 |
2,738 SF · lease $18.00/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$534.1K
$467.4K – $623.1K
NOI $37,388 @ 7.0% cap · market cap 9.97%
Second Best
Retail
$474.1K
$414.9K – $553.1K
NOI $33,188 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$732.5K
$640.9K – $854.6K
NOI $51,275 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 03867, NH
22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Street-facing commercial space with an attached carport and a long-term rented 2-bedroom apartment on the same property.
Where is this live-work space located?
The property is located at 80 Chestnut Hill Road Rochester, NH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Neighborhood Mixed Use zoning allows both business use and on‑site living on the same lot (confirm uses with the City of Rochester).; Street‑facing commercial space of about 1,400 SF with potential by‑right uses such as office, cafe, sit‑down restaurant, boutique, antique shop, florist, or studio.; 2‑bedroom apartment on the same property is already rented to long‑term tenants.
