19 and 21 Union Street, Rochester, NH 03867

Exciting opportunity for a real estate developer in the heart of Rochester, NH. The properties at 19 and 21 Union Street currently house a thriving antique mall and a part-time owner-occupied apartment.

Here are the key details:

Property Information:
Addresses: 19 and 21 Union Street (separately deeded properties)
Apartment at 21 Union Street (2nd Floor): 7 rooms, 1 bath, separate electric and heat metering, private entrance, patio, screened-in porch, and workshop.
Connection: The two properties are connected by a finished cement block walkthrough
Total Lot Size: 18,231 SF
Effective Area: 12,891 SF
Main Store Location: 15-17-19 Union St.
Annual Property Taxes: $14,795

Business Overview (Antique Mall):
The properties have been transformed into a successful antique mall, previously operating as a furniture store for many years.
Vendor Booths: Approximately 190+ vendor booths are rented, with the business currently at full capacity and an 18-month waiting list.
Approximately 10,000 SF is dedicated to the business.
Management: An established manager handles daily operations, allowing the owner to monitor remotely and spend winters in Florida.
Owner's Apartment (Leased Income Potential): Estimated at $25,000+ in additional income.

Growth and Development Potential:
The owner has consistently invested in building improvements and business upgrades. A buyer can benefit from the existing positive cash flow while exploring future real estate development options.

The properties are centrally located in downtown Rochester, NH, adjacent to a public parking lot, and include a significant off-street parking area—a rarity in the downtown area. Rochester is currently experiencing substantial new development, making this an opportune investment.

NDA is required to receive package with financials.

The Broker of record for the real estate is Aland Commercial at 603-501-0463.