Freestanding Medical Office
For Sale
$485,000
504 High Street, Somersworth, NH 03878
Freestanding medical or professional office building with finished reception, private rooms, and flexible workspace.
Property Size1,719 SF
Price / SF$282.14
Days on Market226
Property Features for 504 High Street
General Information
Standard status
Active
Size
1,719 SF
Property subtype
Commercial
Zoning
RC
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,259
Building Details
Year Built
1970
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Dover
(603) 610-8560
Listed By:
Darlene Colwell-Ellis · License #042783
(603) 610-8988
Source:
Churchillprop
Added: Mar 18
Changed: Oct 25
Last Checked: Oct 28 at 6:07AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$23,473
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,460
$469.5K
Cap Rate 7%
$335,329
$335.3K
Cap Rate 9%
$260,811
$260.8K
Market Conditions
NOI Build-Up for 1,719 SF
Gross rent
$36.1K $21.00/SF
− Vacancy
−$4.8K −$2.79/SF
EGI
$31.3K $18.21/SF
− OpEx
−$7.8K −$4.55/SF
NOI
$23.5K $13.66/SF
Area
Strafford County, NH
Vacancy
13.30%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,460
Cap Rate 7%
$335,329
Cap Rate 9%
$260,811
Alternative Uses
Best Use
Office B
$335.3K
$293.4K – $391.2K
NOI $23,473 @ 7.0% cap · market cap 4.84%
Second Best
Healthcare Medical
$332.3K
$290.8K – $387.7K
NOI $23,262 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$459.9K
$402.4K – $536.5K
NOI $32,192 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Petco Vaccination Clinic — 877 Central Ave, Dover, NH 03820
- PetWellClinic - Somersworth — 10 Andrews Rd, Somersworth, NH 03878
Frequently Asked Questions
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 $485,000.
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
