259 Unit Somersworth, NH 03878
This exceptional Somersworth, NH medical office complex, situated on the "Medical Mile," offers a prime investment opportunity. The property boasts a total of 8,300 square feet, strategically located on Route 108, ensuring high visibility and accessibility. The building is a state-of-the-art medical office space, ideally positioned near Wentworth Douglass Hospital and Frisbie Memorial Hospital, creating a strong medical hub. The property is comprised of two individual medical office condominiums, each offering ample space for various medical practices. One unit encompasses approximately 3,095 square feet, while the other offers approximately 5,145 square feet. Alternatively, the entire 8,300 square foot building is available for purchase, presenting a unique opportunity for a larger medical practice or investor seeking a consolidated space. The 2.08-acre lot provides ample parking and potential for future expansion. This property presents a rare chance to acquire a well-established, high-visibility medical office building in a thriving medical corridor. The building's modern design and convenient location make it an attractive option for a variety of medical professionals and businesses. The asking price for the entire complex is $975,000. Serious inquiries are encouraged.
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.