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    259 Unit Somersworth, NH 03878

    For Sale
    $590,000

    Prime Medical Office Space, 8,240 SF

    Property size:
    8,240 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional Somersworth, NH, property presents a unique investment opportunity in a thriving medical corridor. Located on the "Medical Mile," this state-of-the-art medical office building boasts excellent visibility from Route 108, ensuring high traffic and brand recognition. The building offers a total of 8,240 square feet, strategically divided into two medical office condominiums. One unit encompasses approximately 3,095 square feet, while the other offers approximately 5,145 square feet. Both units are available for sale individually, or the entire building can be purchased as a single entity. The property sits on a generous 2.08-acre lot, providing ample parking and potential for future expansion. Its prime location, anchored by Wentworth Douglass Hospital and Frisbie Memorial Hospital, guarantees a steady stream of potential patients and clients. This is an ideal opportunity for medical professionals seeking a modern, well-situated practice space or investors looking for a strong return in a high-demand market. The building's modern design and convenient location make it an attractive proposition for a variety of medical practices. Don't miss this chance to acquire a significant presence in Somersworth's burgeoning healthcare sector. The asking price for the entire complex is $590,000.

    Property Features for 259 Unit

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,240 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 - Prime Medical Office Space, 8,240 SF
    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 $590,000.
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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.

    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
    259 Unit Somersworth, NH 03878
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