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    7 Works Way Somersworth, NH 03878

    For Lease
    $18 SF/Yr

    28,626 SF Medical Office Building, NH Seacoast

    Lot size:
    28,626 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional two-story, 28,626 square foot medical office building presents a unique opportunity in Somersworth, NH's thriving Medical Mile. Located at 7 Works Way, this single-tenant property, built in 2011, sits on 2.43 acres and features approximately 25,804 square feet of vacant space. The building boasts a modern design with a welcoming post-and-beam entrance and a gas fireplace, creating a comfortable atmosphere for both patients and staff. The spacious interior includes 34+ exam/office rooms, multiple nursing stations, and generous waiting areas. A finished basement offers additional space, including a laboratory and classrooms, complete with walk-out access and a fenced outdoor area, potentially suitable for daycare services. The property is equipped with solar panels for energy efficiency and features central heating and air conditioning for year-round comfort. Ample on-site parking is available. The building is zoned C1 and has an APN of 61-140. Power is supplied by both solar panels and Eversource. Elevators are available for convenient access to both floors. This property offers an unparalleled opportunity for medical professionals seeking a modern and expansive facility in a prime location. The property's strategic location within the established Medical Mile ensures high visibility and accessibility for patients.

    Property Features for 7 Works Way

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,626 SF
    Total Rate
    42939

    Building Details

    Year Built
    2011
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    25,804 SF
    Rate per SF
    $18

    HighLights

    • On‑site backup generator.
    • High‑speed internet access available.
    • Ample on‑site parking.
    • 24/7 security system.
    • Modern, efficient HVAC systems.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pinewood medical center Medical Center Little Steps Early ... Day Care Center Wentworth-Douglass Hospital General Hospital Stacy Stafford, PA-C Physician Assistant Caitlin Cleary-Lynch, PA-C Family Practice Physician

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somersworth
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.900730391244
    Latitude
    43.249689985305

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    FAQs

    What type of property is this?
    Medical office - 28,626 SF Medical Office Building, NH Seacoast
    Where is this medical office located?
    The property is located at 7 Works Way Somersworth, NH.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: On-site backup generator.; High-speed internet access available.; Ample on-site parking.
    Request Owner's contact information
    7 Works Way Somersworth, NH 03878
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Works Way Somersworth, NH 03878
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