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129 North Main StreetRochester, NH 03867MLS Number 4849505

  • Price: $299,900The price has recently decreased
  • 274 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 3.1% last updated on 2021-11-24

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Active with Contract
129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867129 North Main Street Rochester NH 03867
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  • 0.12Acreage
  • 1910Year Built
  • 4,719Square Feet
  • Andy YauListing Agent Name
Investors and flippers galore. Buy 3 residential units for 100k each, and get 2 commercial units free and if that isn't good enough, we'll add in a .11 acre lot to sweeten the deal! The extra lot outback borders the Cocheco river, and could potentially be used as extra parking spots or a boat loading dock. This massive building of over 4700 square feet, features, a once booming restaurant and a now vacant smokeshop. The restaurant once known as Froggies, due to its size, has the potential with town approval to be subdivided into two separate commercial units, putting the total unit count to 6 units. Despite two vacant commercial units, the cap rate still stands at an impressive 7.59%. Bringing the building back to market value, could potentially bring the building's GRI over $70,000. That is not all: The location cannot get any better, as tenants are located in the heart of downtown and are only a short distance from the Cocheco River, restaurants, convenience stores, and major routes. Residential units are in decent condition, while commercial units need work. 129 N.main can be purchased in combination with 135 N.main. See MLS#4840738. Agents see non-public remarks
Listed by Andy Yau of RE/MAX Shoreline

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Basic Information

  • StatusActive With Contract
  • Modification Date11/18/2021
  • TypeBusiness, Development, Hospitality, Industrial, Investment, Multi-Family, Office, Opportunity, Other, Retail
  • List Price$299,900
  • Broker NameRE/MAX Shoreline
  • Listing Agent NameAndy Yau
  • Lister Office NameRE/MAX Shoreline
  • MLS Number4849505
  • MLS StatusActive Under Contract

Other

  • Date Showings Begin2021-03-06
  • View Count1

Location

  • Building Number129
  • StreetNorth Main Street
  • TownRochester
  • StateNH
  • Zip03867
  • CountyStrafford
  • Map121

Property

  • Acreage0.12
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft5,227

Building

  • Year Built1910
  • ConstructionOther
  • NumberOfUnitsInCommunity5
  • FoundationFieldstone
  • Square Feet4,719
  • BasementDirt
  • Garage Spaces

Exterior

  • ExteriorAsphalt, Shingle
  • RoofShingle

Utilities

  • FuelGas - Natural Available
  • Heating CoolingBaseboard, Forced Air, Gas Heater, Hot Air, Hot Water, Other
  • Phone CompanyComcast

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 2, 2021.

 

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From Our Clients

I wanted to personally thank you for your efferts in helping Jane and I over the past several months during the process of purchasing our home on Rogers Street. You held in there for the duration and helped us through it. Thank you again for your time, effort, and professionalism. It has been a pleasure working with you.

Bill Hess and Jane Donovan, Portsmouth NH