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Property profile & analytics
OFF-MARKET Estimated value $22,015,000
Commercial real estate

160 Washington St Rochester, NH 03839-5510

277,667 SF 45.36 ac lot Built 2007
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US58-0247602
Property summary
AI-generated overview

Rochester Crossing, located at 160 Washington Street in Rochester, NH 03839, offers exceptional retail opportunities within Strafford County. This established center boasts a total of 304,500 square feet, with three available spaces ranging from 1,175 to 1,820 contiguous square feet. Currently, 4,245 square feet are vacant. The property enjoys a prime location in New Hampshire's Seacoast Region, benefiting from tax-free shopping and easy access. Its high visibility from the Spaulding Turnpike (19,000 vehicles per day) ensures significant exposure to a large trade area encompassing the Lakes Region of New Hampshire and the Berwicks in Maine. This major thoroughfare provides convenient access to I-95 in Portsmouth, leading to popular destinations such as the White Mountains and various ski resorts. Rochester Crossing's success is evident in its impressive 1.5 million visits in 2023, with an average dwell time of approximately one hour, showcasing its strong draw for both residents and tourists. This well-established retail hub provides a solid foundation for businesses seeking a strategic location within a thriving market. The minimum divisible space is 1,175 square feet.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Construction STEEL FRAME
Total area 277,667 SF
Lot 45.36 ac (1,975,882 SF)
Zoning code HC
APN RCHE M:0130 B:0038 L:0000
UPID US58-0247602
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
  • Clemento's Pizzeria & Brew Restaurant
  • aspen dental, Dr Young Park PC Dental Office
  • Lee Soonki DDS Dental Office
  • Tip & Toe Salon Nail Salon
  • IHOP Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$22.89M
Blend (final) Blend
$22.02M
Owner & transaction history
Rochester Crossing LLC · 5 yrs held
Rochester Crossing LLC
since 2021
3 recorded transactions
2021
Price N/A
2021
$20.8M
2014
Price N/A
Zoning & alternative use
HC · Rochester, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $29.7M +9.5%
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