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    1 Wentworth Ave Gorham, NH 03581

    Sponsored
    For Sale
    $324,900

    Versatile 4,116 sq ft building, 0.42 acres

    Property size:
    4,116 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This expansive 4,116 square foot building, situated on a 0.42-acre lot in Gorham, New Hampshire, presents a unique investment opportunity. Previously utilized as a successful childcare center, its adaptable layout offers immense potential for a wide range of commercial ventures. The property features several smaller rooms perfect for individual offices, meeting spaces, or specialized areas, complemented by a large open space with beautiful hardwood floors. This expansive area is ideal for group activities, events, or customized configurations to suit diverse business needs. The partially finished basement provides additional square footage, offering flexibility for storage, expansion, or supplementary workspace. Located conveniently near the Berlin/Gorham line, this property benefits from excellent accessibility and visibility. The building's warm and inviting atmosphere creates a welcoming environment, making it suitable for a variety of uses. Its substantial size and versatile design make it an exceptional opportunity for entrepreneurs seeking a ready-to-use commercial space with significant growth potential. The property is priced at $324,900 and offers a compelling return on investment for the right buyer. This is a rare chance to acquire a well-maintained building with a proven track record and significant upside.

    Property Features for 1 Wentworth Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,116 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Pharmacy Auto Repair Shop Daycare Center Department Store Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Gorham
    County
    Coos
    State
    New Hampshire
    Longitude
    -71.19077
    Latitude
    44.44912

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 4,116 sq ft building, 0.42 acres
    Where is this commercial real estate located?
    The property is located at 1 Wentworth Ave Gorham, NH.
    What is the asking price?
    The asking price for this property is $324,900.
    (603) 723-9877
    Request Owner's contact information
    1 Wentworth Ave Gorham, NH 03581
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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 Wentworth Ave Gorham, NH 03581
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