Freestanding Medical Office
504 High St Somersworth, NH 03878
For Sale
Contact for pricing
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 Market135
Property Features for 504 High St
General Information
Standard status
Active
Size
1,719 SF
Property subtype
OFFICE
Listing Agency:
KW Coastal Realty
(603) 969-6632
Listed By:
Darlene Colwell-Ellis · License #042783
(603) 969-6632
Source:
Moodyscre
Added: Mar 18
Changed: Jul 26
Last Checked: Jul 29 at 2:57PM
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
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 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 authorities.
Property Analytics
Location Intelligence
Current Use
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
