Freestanding Medical Office
For Sale
Contact for pricing
504 High St, Somersworth, NH 03878
Freestanding office building with a reception area, multiple private exam rooms or offices, and finished workspace on High Street.
Property Size1,719 SF
Price / SF$290.29
Days on Market226
Property Features for 504 High St
General Information
Standard status
Active
Size
1,719 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
KW Coastal Realty
(603) 610-8500
Listed By:
Darlene Colwell-Ellis · License #042783
(603) 969-6632
Source:
Moodyscre
Added: Mar 18
Changed: Oct 26
Last Checked: Oct 28 at 12:28PM
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 Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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. The interior includes a welcoming reception area along with multiple private exam rooms or offices, plus additional flexible workspace that can support a range of administrative and professional uses.
The property is located at 504 High Street in Somersworth, New Hampshire, and benefits from strong street presence within an established retail and service corridor. It is positioned for convenient access to Route 16 (Spaulding Turnpike), connecting to nearby communities including Dover and Rochester.
Nearby retail includes major national tenants such as Walmart, Target, TJ Maxx, Market Basket, and New Hampshire Liquor & Wine Outlet, supporting the property’s day-to-day visibility and accessibility for staff and clients.
The property is located at 504 High Street in Somersworth, New Hampshire, and benefits from strong street presence within an established retail and service corridor. It is positioned for convenient access to Route 16 (Spaulding Turnpike), connecting to nearby communities including Dover and Rochester.
Nearby retail includes major national tenants such as Walmart, Target, TJ Maxx, Market Basket, and New Hampshire Liquor & Wine Outlet, supporting the property’s day-to-day visibility and accessibility for staff and clients.
Key Highlights
- Freestanding medical or professional office building at 504 High Street in Somersworth, NH
- Approximately 1,719 SF of finished space with a reception area
- Includes multiple private exam rooms or offices plus flexible workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,473
Cap Rate
4.70%
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 4.70%
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 authorities.
How Realmo checks its estimates
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 office building with a reception area, multiple private exam rooms or offices, and finished workspace on High Street.
Where is this medical office space located?
The property is located at 504 High St 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 in Somersworth, NH; Approximately 1,719 SF of finished space with a reception area; Includes multiple private exam rooms or offices plus flexible workspace
