9 Front St Rollinsford, NH 03869
This exceptional investment opportunity presents the historic Salmon Falls Mills, a landmark property situated on 4.15 acres along the Salmon Falls River in Rollinsford, New Hampshire. Originally constructed in 1848 and 1865, these two mill buildings boast a rich history, having served as a vital manufacturing hub for products used in the Civil War, wool, and shoes. Currently, the complex houses over 200 spaces occupied by more than 180 small businesses, encompassing a diverse range of enterprises including art studios, photography studios, dance studios, health and wellness businesses, manufacturing facilities, bakeries, and woodworking shops. The property offers over 207,535 square feet of space, meticulously maintained and updated with modern amenities. These upgrades include high-speed internet access, energy-efficient lighting, new interior heating systems, a fully compliant fire sprinkler system, new electrical systems, updated plumbing, masonry repointing, new windows, and fire escapes. The buildings provide tenants with three separate loading docks, two freight elevators, a passenger elevator in the Lower Mill, and over 300 parking spaces. Flexible lease terms are available. The strategic location offers easy access to Portsmouth, NH, Portsmouth International Airport, and The Downeaster, presenting significant potential for future growth and development. This is a rare chance to acquire a piece of New Hampshire history and a thriving commercial enterprise. The asking price is $16,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.