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Commercial > Other
Active
06/01/2023
List Price
$495,000$164/ft²

287 Milton Rd
Rochester, NH 03868

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  • 287 Milton Rd, Rochester, NH 03868 is a 4 bed, 2 bath, 3,015 ft² property built in 1970 on a 1.400 acre lot with 7 construction permits.

    MLS Description

    The listing agent's description. Original Listing

    BACK ON MARKET due to financing. ***Look no further, two buildings on a 1.4 acre parcel with an incredible 620 feet of frontage with potential to subdivide! The value is more in the sum of the parts. It gets sweeter from here, as the property is located on HC zoning which would potentially allow another 2-3 multifamily unit to be built. The potential cap rate stands at 10.16% as a result of low expenses, due to separate buildings, and a preferred triple net setup. The commercial building was built from ground-up in 2006 with1700 SF and it comes with some remaining restaurant equipment. Enjoy built in coolers and a bright illuminated restaurant. The possibilities are endless. Run your business while living in the 4 bedroom cape built in 1970, with 1300 square feet. As you step in, you’ll appreciate the nice kitchen that is accompanied with the beautiful hardwood floors seen throughout the first level. The home showcases its character and charm with its wood trim and elegant wood panels. in addition, the home offers an incredible backyard with great views, and it is conveniently close to the Salmon River, which is perfect for fishing bass and perch. The location is conveniently situated near the border of Maine, 30 minutes to Portsmouth and is close to major routes, restaurants, convenience stores, and more. Both buildings need some TLC.

    Listing Agents

    The listing agent for 287 Milton Rd is Andy Yau.

    Permits

    287 Milton Rd has 7 permit records.

    Permit History
    7
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    287 Milton Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 287 Milton Rd

    School Information

    Public/private schools serving 287 Milton Rd

    Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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