Property profile

45 Hancock St Rochester, NH 03867

OFF-MARKET
Auto shops
Property ID
US58-0036136
8,845 SF 0.42 ac lot Built 1968
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,220 square foot commercial property situated on a 0.42-acre lot at 45 Hancock Street in Rochester, New Hampshire. Currently leased to a long-term tenant under a triple net lease agreement, the property generates a substantial monthly income of $9,000, extending through July 2025, with a potential for renewal. This provides a secure and consistent cash flow for the investor. The property's strategic location offers unparalleled accessibility, placing it within minutes of key transportation arteries including Route 16 (Spaulding Turnpike) and Route 125. This prime location ensures high visibility and convenient access for both the tenant and potential future occupants. The property's size and configuration offer versatility for a range of commercial uses, making it an attractive investment for both short-term and long-term growth. The triple net lease structure further minimizes the owner's operational responsibilities, maximizing return on investment. This is a rare opportunity to acquire a stable, high-yielding commercial property in a thriving New Hampshire market. Don't miss out on this chance to secure a strong addition to your investment portfolio. Serious inquiries only.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1968
Construction FRAME
Total area 8,845 SF
Lot 0.42 ac (18,295 SF)
Zoning code NMU
APN RCHE M:0128 B:0026 L:0000
UPID US58-0036136

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Auto Parts Store

Location

45 Hancock St Rochester, NH 03867-3528
Rochester metro Census 84301 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2026
4 recorded transactions
2026
$500,000
2018
$315,000
2011
$350,000
2002
$180,000

Zoning & alternative use

NMU · Rochester, NH
Zoning description

Neighborhood Mixed-Use District (NMU). A. District location. This district is located in various areas throughout the City. B. Objectives. The objectives of the district include: (1) Function. The Neighborhood Mixed-Use…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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