This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
$450,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
Property Description
Strategically located along NH-125/Milton Road, 8 Phillips Lane presents a compelling Highway-Commercial opportunity with outstanding visibility, access, and versatility. Zoned for commercial use and offering ample on-site parking, this property is well-suited for a wide range of business ventures, live-work arrangements, or investment opportunities. The standout feature is the exceptionally large garage, with capacity for 6-8 vehicles, making it ideal for automotive uses, trades, storage-based businesses, or workshop operations. The property's location just minutes from the Spaulding Turnpike ensures strong commuter traffic and convenient regional access, while remaining close to downtown Rochester and nearby amenities. Adding to its value, the property includes a recently renovated 2+ bedroom, 1 bath ranch, offering flexible options for on-site living, office space, or rental income. Updates include vinyl plank flooring throughout, an updated kitchen and bathroom, fresh paint, new plumbing, and more - creating a clean, functional space that complements the commercial potential. Whether you're an entrepreneur seeking visibility, a business owner looking for space, or an investor exploring mixed-use possibilities, 8 Phillips Lane offers a rare combination of location, infrastructure, and adaptability.
Full Property Details
Full Property Details for 8 Phillips Ln
General
- Price: $450,000
- Taxes: $5,324 (2024)
- Status: Active
- Type: Commercial
- Source: PrimeMLS
- MLS ID: 5073752
- Updated: 1/12/2026
- Added to Site: 3 day(s) ago
Location
- County: Strafford
- Driving Directions: Take NH-16 N to Exit 16. Follow the Spaulding Turnpike Connector to Milton Road. Take a right onto Flat Rock Bridge Road and then another right onto Phillips Lane. Property will be on your left.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Oil
Utilities
- Sewer: Private
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Full
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,394
- Frontage: Yes Road Frontage
- Frontage Feet: 100
- Zoning: HC
Financial Considerations
- Assessment Year: 2024
- Assessment Amount: $358,500
- Tax Amount: $5,324
- Tax Year: 2024
Listed by KW Coastal and Lakes & Mountains Realty, Zachary T Eaton
Get Pre-Approved Today
Schools
Schools serving 8 Phillips Ln
School District:Rochester School District, Rochester, NH
| Name | Grades | Distance |
|---|---|---|
East Rochester School 773 Portland St., Rochester, NH 03868 | PK-5 | 1.7 mi |
Rochester Middle School 47 Brock Street, Rochester, NH 03867 | 6-8 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 Phillips Ln
Date
Details
Price
Change
Source
1/12/2026
Listed
$450,000
83.67%
MLS
4/08/2025
Sold
$245,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 Phillips Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,324
-20%
$358,500
39%
2023
$6,656
2%
$258,600
—
2022
$6,537
3%
$258,600
—
2021
$6,374
—
$258,600
—
2021
$6,374
-1%
$257,700
—
2019
$6,417
-4%
$257,700
6%
2018
$6,709
5%
$243,800
—
2017
$6,419
-4%
$243,800
3%
2016
$6,667
—
$235,900
—
2015
$6,663
2%
$236,700
—
2014
$6,502
6%
$236,700
2%
2013
$6,126
—
$232,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8 Phillips Ln
8 Phillips Lane, Rochester, NH 03868 (MLS# 5073752) is a Commercial property. 8 Phillips Lane is currently listed for $450,000 and was received on January 12, 2026. Want to learn more about 8 Phillips Lane? Do you have questions about finding other Commercial real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.

