255 Route 108 Somersworth, NH 03878
This exceptional investment opportunity presents three separate medical office condominiums totaling over 15,000 square feet on a 2.61-acre lot in Somersworth, NH. The property is ideally situated at 255 Route 108 and offers significant potential for various healthcare uses. Unit #1, a 5,610 square foot ambulatory care center, retains some existing equipment and infrastructure, providing a head start for a new operator. Unit #2 encompasses 4,762 square feet and features dual main entrances, a blend of open space, and dedicated medical treatment rooms, offering flexibility for different medical practices. Unit #3, also measuring 4,762 square feet, boasts a spacious waiting area, multiple treatment rooms, and a substantial finished basement, adding considerable value beyond the listed square footage. The finished basement is not included in the stated square footage. This property is offered individually or as a complete package. Individual unit pricing is $525,000. The entire building is available for $1,500,000. This prime location and versatile layout make this an attractive proposition for healthcare professionals and investors seeking a strong foothold in the Somersworth market. The property's size and existing infrastructure present a unique opportunity for immediate occupancy or extensive renovation, depending on the buyer's needs and vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.