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Developable Retail Land Parcel
For Sale
$445,000

472 High Street # B, Somersworth, NH 03878

Approved for a 4,500 SF retail development with multiple commercial units on a flat, buildable site.

Property Size4,500 SF
Price / SF$98.89
Days on Market230

Property Features for 472 High Street # B

General Information

Standard status Active
Size 4,500 SF
Property subtype Land
Zoning R/C-(Resi/Comm)

Additional Details

Traffic Count 24,400 vehicles/day
Listing Agency: Sagan Harborside Sotheby's International Realty
Listed By: Chris Bernier · License ##074657
Source: Churchillprop
Added: Jan 8 Changed: Aug 24 Last Checked: Aug 26 at 5:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sagan Harborside Sotheby's International Realty

Investment Insights

Based on property information with market context.

The offering is a developable flat commercial land parcel with approval for development and construction of a building featuring a 4,500 SF footprint. Unit “B” is part of a condo association, and the proposed plan contemplates a total of three commercial units within the building. The main retail unit is proposed at approximately 3,500+/- SF, supported by two additional retail/commercial units proposed at approximately 500+/- SF each. The property is described as having good soils to support development.

Visibility and retail context are key considerations. The public remarks cite visibility by over 24,400 vehicles per day and note that the site is heavily surrounded by big box and national retailers. Plans and additional information are available upon request.

For tenants, developers, and investors looking for a small, multi-unit retail configuration, the proposed three-unit layout offers flexibility for a primary tenant complemented by smaller retail or service uses. Since the property is specifically approved for the stated development approach and unit “B” is tied to a condo association, buyers should review available plans and governing association materials during diligence to confirm fit and operating expectations for the intended occupants.

Key Highlights

  • Developable flat site approved for construction of a building with a 4,500 SF footprint
  • Condo association includes unit "B" as part of a 3‑unit commercial condominium
  • Proposed main retail unit size: 3,500+/- SF

Property Analytics

Current Use

Dumais Thomas G ... Accounting Firm Elissa Elliott Counselor The Falls Chamber of Commerce Business Service Center Fruition Counseling & Wellness Counselor Dumais, Ferland & Fuller ... Accounting Firm

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24,400 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby

Demographics for 03878, NH

11,919
Population
5,722
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
95%
High-School Grad
9.8 sq mi
ZIP Area
1,216
Density / Sq Mi
$79,691
Median Household Income
$47,638
Median Earnings
$1,410
Median Rent
$295,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved for a 4,500 SF retail development with multiple commercial units on a flat, buildable site.
Where is this commercial land located?
The property is located at 472 High Street # B Somersworth, NH.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Developable flat site approved for construction of a building with a 4,500 SF footprint; Condo association includes unit "B" as part of a 3‑unit commercial condominium; Proposed main retail unit size: 3,500+/- SF
More about this property
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