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    Property profile & analytics
    FOR SALE
    Commercial real estate

    245 Rochester Hill Rd, Rochester, NH 03867

    24,331 SF 3.95 ac lot Built 1850
    Individually Owned 20-yr Hold Free & Clear
    Property ID
    US58-0701285
    Property summary
    AI-generated overview

    This exceptional 7,646-square-foot medical facility presents a turnkey opportunity for a variety of healthcare practices. Located at 245 Rochester Hill Road in Rochester, New Hampshire, this Class A building is situated within a medical campus, ensuring convenient access to complementary businesses and services. The property boasts a modern design and is in excellent, move-in ready condition, eliminating the need for extensive renovations. Features include a full-capacity standby emergency backup generator, ensuring uninterrupted operations during power outages. The state-of-the-art HVAC system provides optimal climate control, while an efficient irrigation system maintains the landscaping. The building's versatile layout is well-suited for a range of uses, including dentistry, veterinary medicine, or a mixed-use medical practice. Its prime location in a highly desirable area offers excellent visibility and accessibility for patients and staff. This is a rare opportunity to acquire a sophisticated, fully equipped medical facility in a thriving medical community. The building is ready for immediate occupancy, allowing for a seamless transition and rapid commencement of operations. Don't miss this chance to establish or expand your practice in this exceptional setting. The asking price is $1,850,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1850
    Construction FRAME
    Total area 24,331 SF
    Lot 3.95 ac (172,062 SF)
    Zoning code OFC
    APN RCHE M:0243 B:0038 L:0001
    UPID US58-0701285
    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
    • Mary Stettmeier Pediatrician Physician
    • Rochester Primary Care Physician
    • Appledore Medical Group Ear, Nose, and Throat Medical Clinic
    • Christopher Knox, DO Physician
    • Mrs. Haley Mcdougal Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $3.77M
    Comparable Approach Comparable
    $2.86M
    Blend (final) Blend
    $3.13M
    Owner & transaction history
    Foundation Frisbie · 20 yrs held
    Foundation Frisbie
    since 2005
    1 recorded transaction
    2005
    $415,000
    Zoning & alternative use
    OFC · Rochester, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $2.6M +11.7%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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