Grubb & Ellis|Northern New England has been commissioned to market for sale this beautifully restored, historic, industrial mill complex located at 10 Main Street, Gonic (Rochester), NH.
The Gonic Mill Complex consists of a 179,218+/- sf former textile mill building constructed in various stages from the early 1900s to the late 1940s and set on 5.27+/- acres and an out building now housing the "Brickstones at the Mill" restaurant. Until recently, the mill has enjoyed a high occupancy rate, but the recent departure of office/warehouse tenant BrandPartners (65,840+/- sf) provides a buyer with an unparalleled opportunity to re-position the property as a mixed use development. In addition, City officials appear to be very supportive of any plan to turn the formerly 100% industrial/office complex in to a mixed use development by adding residential and, perhaps, even some destination retail components.
Current tenants range from a plating company to a dance, voice and music school. The property is serviced by municipal water and sewer, natural gas and features ample power for just about any use. Five tail board loading docks and three drive-in doors provide flexibility for a variety of tenants. One freight elevator services the four story portion of the building and an empty elevator shaft would allow for the installation of a passenger elevator in the office area.
The building is fully sprinklered (wet system) and has a variety of rooftop HVAC and small furnaces with exterior condensors or water pumps. Several sections of the rubber membrane roof were replaced in the last two years. In addition, the rear parking lot was paved in 2004.
This website contains a wide variety of information about the property which is on its own tax lot. Financial information (historical and current) and environmental reports on the property are available upon execution of a Confidentiality Agreement.
However, the only true way to appreciate the incredible value of this offering (call for pricing) is to schedule a personalized site visit with the listing broker.
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Building Type:
Office/Ind/Flex/Distribution/Mfg
Property Size:
179,218+/- sf
Stories:
4
Year Built:
1920s - 1940s; extensive renovations late 1990s
Lot Size:
5.27+/- acres
Space Breakdown:
Construction:
Brick exterior
Ceiling Height:
10' to 18'
Zoning:
I-2 (Industrial)
Water/Sewer:
Public
Electric:
Provided by PSNH
Power Capacity:
Main building: 3 Phase / 1600 amps / 480 volts
Annex:
3 phase / 1200 amps / 208 volts
Heat/Gas:
FHA/natural gas provided by Unitil
Loading:
5 tailboard docks & 3 drive-in doors
Parking:
Ample surface parking (500+ spaces) - Rear lot paved in 2004
Sprinkler:
Wet (fully sprinklered)
Roof:
Various ages (several sections replaced 2008 - 2010)
Elevator:
One freight elevator
Passenger Elevator:
None, but shaft exists
Location:
Less than a mile from Route 125
Expenses:
Call for details.
Lease Rate:
Call for details.
List Price:
Call for pricing.
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Financial & Environmental Information:
For confidential financial and environmental information, please complete and sign this Confidentiality Agreement and fax or email to David Choate: 603.431.0028 fax | dfc@grubbellisnne.com
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DISCLOSURE: The information contained herein is from sources deemed reliable, but is not guaranteed by Grubb & Ellis|Northern New England (G&E|NNE).
G&E|NNE assumes no responsibility for matters legal in character, nor does it render an opinion as to the title, which is assumed to be
good. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. G&E|NNE welcomes the cooperation of other
licensed real estate brokers who properly register a buyer or tenant with whom a sale or lease is consummated. G&E|NNE is acting as the Seller's/Lessor's
agent in the marketing of these properties. G&E|NNE is independently owned and operated.
David Choate
Grubb & Ellis|Northern New England | 500 Market Street, Suite 9, Portsmouth, NH 03801603.433.7100 main | 603.431.0028 fax
dfc@grubbellisnne.com | grubbellisnne.com