Freestanding Medical Office
504 High Street Somersworth, NH 03878
For Sale
$499,000
Freestanding medical or professional office building with finished reception, private rooms, and flexible workspace.
Property Size1,719 SF
Price / SF$290.29
Days on Market133
Property Features for 504 High Street
General Information
- Standard status
- Active
- Size
- 1,719 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Dover
(603) 610-8988
Listed By:
Darlene Colwell-Ellis · License #042783
Source:
Aultcommercial
Added: Mar 15
Changed: Jul 21
Last Checked: Jul 21 at 9:38AM
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 KW Coastal and Lakes & Mountains Realty/Dover
Investment Insights
Based on property information with market context.
This freestanding medical or professional office building offers approximately 1,719 square feet of finished space arranged to support client-facing operations. The interior includes a welcoming reception area, multiple private exam rooms or offices, and flexible workspace that can be used for a range of administrative and professional functions.
Located at 504 High Street in Somersworth, the property provides strong street presence along a primary commercial corridor. It is also positioned near major national retailers including Walmart, Target, TJ Maxx, Market Basket, and New Hampshire Liquor & Wine Outlet, with convenient access to Route 16 (Spaulding Turnpike) for clients traveling from the surrounding area.
For a business seeking a stand-alone location with a practical, office-ready layout, 504 High Street offers an established commercial setting and direct accessibility for staff and clients.
Located at 504 High Street in Somersworth, the property provides strong street presence along a primary commercial corridor. It is also positioned near major national retailers including Walmart, Target, TJ Maxx, Market Basket, and New Hampshire Liquor & Wine Outlet, with convenient access to Route 16 (Spaulding Turnpike) for clients traveling from the surrounding area.
For a business seeking a stand-alone location with a practical, office-ready layout, 504 High Street offers an established commercial setting and direct accessibility for staff and clients.
Key Highlights
- Freestanding medical or professional office building at 504 High Street, Somersworth, NH
- Approx. 1,719 SF of finished space with a reception area and flexible workspace
- Includes multiple private exam rooms or offices for professional use
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.1k | $21.00 |
| − Vacancy | −$4.8k | −$2.79 |
| EGI | $31.3k | $18.21 |
| − OpEx | −$7.8k | −$4.55 |
| NOI | $23.5k | $13.66 |
1,719 SF · lease $21.00/SF/yr · vacancy 13.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$335.3K
$293.4K – $391.2K
NOI $23,473 @ 7.0% cap · market cap 4.70%
Second Best
Healthcare Medical
$332.3K
$290.8K – $387.7K
NOI $23,262 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$459.9K
$402.4K – $536.5K
NOI $32,192 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Louis F. Clarizio, ...
Dental Office
Dental Implant Center
Dental Office
Similar Off Market Nearby
- Petco Vaccination Clinic — 877 Central Ave, Dover, NH 03820
- PetWellClinic - Somersworth — 10 Andrews Rd, Somersworth, NH 03878
FAQs
What type of property is this?
Medical Office Space - Freestanding medical or professional office building with finished reception, private rooms, and flexible workspace.
Where is this medical office space located?
The property is located at 504 High Street Somersworth, NH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Freestanding medical or professional office building at 504 High Street, Somersworth, NH; Approx. 1,719 SF of finished space with a reception area and flexible workspace; Includes multiple private exam rooms or offices for professional use
