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    1 Somersworth Plz Somersworth, NH 03878

    Sponsored
    For Sale
    $350,000

    Prime Retail Space, High Visibility, Great Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,400 square foot retail space at 1 Somersworth Plaza in Somersworth, NH, presents a compelling investment opportunity. Located in a vibrant downtown area, this property boasts a highly desirable location near the Maine border, ensuring excellent accessibility and exposure to a broad customer base. The property features ample on-site parking, a significant advantage for both customers and employees. The building's strategic placement within the downtown core provides high visibility and foot traffic, maximizing potential for business success. This is a rare chance to acquire a substantial retail space in a growing market. The property's proximity to a planned development of approximately 154 residential units promises increased foot traffic and a burgeoning local customer base in the near future. The 0.19-acre lot provides ample space for convenient parking and potential future expansion. The asking price of $350,000 represents a strong value proposition for an established retail space in a thriving location. This property is ideal for a variety of retail businesses seeking a prominent presence in a dynamic and expanding community. Don't miss this opportunity to secure a prime retail location in Somersworth, NH.

    Property Features for 1 Somersworth Plz

    General Information

    Property type
    Retail properties
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somersworth
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.86356
    Latitude
    43.26083

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility, Great Parking
    Where is this retail property located?
    The property is located at 1 Somersworth Plz Somersworth, NH.
    What is the asking price?
    The asking price for this property is $350,000.
    Request Owner's contact information
    1 Somersworth Plz Somersworth, NH 03878
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Somersworth Plz Somersworth, NH 03878
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