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    259 Unit Somersworth, NH 03878

    For Sale
    $975,000

    Two Suites or Entire Building Available

    Property size:
    8,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional Somersworth, NH medical office complex, situated on the "Medical Mile," offers a prime investment opportunity. The property boasts a total of 8,300 square feet, strategically located on Route 108, ensuring high visibility and accessibility. The building is a state-of-the-art medical office space, ideally positioned near Wentworth Douglass Hospital and Frisbie Memorial Hospital, creating a strong medical hub. The property is comprised of two individual medical office condominiums, each offering ample space for various medical practices. One unit encompasses approximately 3,095 square feet, while the other offers approximately 5,145 square feet. Alternatively, the entire 8,300 square foot building is available for purchase, presenting a unique opportunity for a larger medical practice or investor seeking a consolidated space. The 2.08-acre lot provides ample parking and potential for future expansion. This property presents a rare chance to acquire a well-established, high-visibility medical office building in a thriving medical corridor. The building's modern design and convenient location make it an attractive option for a variety of medical professionals and businesses. The asking price for the entire complex is $975,000. Serious inquiries are encouraged.

    Property Features for 259 Unit

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,300 SF
    Lot Size
    90,605 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Somersworth
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.89751
    Latitude
    43.25397

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    FAQs

    What type of property is this?
    Office Property / Space - Two Suites or Entire Building Available
    Where is this office property / space located?
    The property is located at 259 Unit Somersworth, NH.
    What is the asking price?
    The asking price for this property is $975,000.
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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.

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    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
    259 Unit Somersworth, NH 03878
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