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Property profile & analytics
FOR LEASE
Office buildings

1 North Main St Rochester, NH 03867

15,684 SF 0.43 ac lot Built 1910
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US58-0104956
Property summary
AI-generated overview

This exceptional retail opportunity in downtown Rochester, NH, offers 8,600 square feet of immediately available space within a 23,742 square foot multi-tenant building at 1 North Main St, 03867. Previously occupied by a bank, the space boasts a highly desirable corner location at the intersection of South and North Main Street, ensuring excellent visibility and ample natural light from its 20 windows. The layout includes several private offices, conference rooms, a break room/kitchenette, multiple bathrooms, and several safes, offering flexibility for various retail or office configurations. The space is divisible to a minimum of 2,000 square feet and up to a maximum contiguous space of 8,600 square feet, accommodating a range of business needs. Three entrances on two streets provide convenient access. The building offers 21 parking spaces for tenant and customer use. The landlord is motivated to secure reliable tenants and is open to negotiating lease terms, including deferred rent and tenant improvements, to facilitate a successful partnership. This location benefits from its position within a revitalizing downtown area experiencing significant ongoing construction projects and numerous nearby leisure options, creating a vibrant and attractive environment for businesses. The space's adaptability and prime location make it an ideal opportunity for a variety of retail concepts, potentially including outdoor dining options.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1910
Construction FRAME
Total area 15,684 SF
Lot 0.43 ac (18,731 SF)
Zoning code DTC
APN RCHE M:0121 B:0376 L:0000
UPID US58-0104956
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Michael Healey, MetLife Auto | Home | Life | Business Insurance Agency
  • Empire Beauty School Vocational School Training Center
  • Watson Office Services Toner Cartridge Supplier
  • Lisabeth Wotherspoon Psychotherapist Counselor
  • LPL Financial- Steven T. Holly Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k
Owner & transaction history
Banque II LLC · 3 yrs held
Banque II LLC
since 2023
Last sale
$610,000
7 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2021
$610,000
2021
$459,600
2019
Price N/A
2019
Price N/A
Zoning & alternative use
DTC · Rochester, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Provide for a mix of uses within the zone, Preserve existing historic architectural structures and designs, Provide for the adaptive reuse of existing historic and non-historic structures

Zone name Downtown Commercial
General category COMMERCIAL
Zone area 133.26 ac
Source Realmo
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