49 Market St Somersworth, NH 03878
- Commercial real estate
- 9,444 SF
- 0.29 lot acres
Current Use by Public Records
- Hall at Great Falls / Event Venue
- New Frontiers Church / Church
Property Details for 49 Market St
- Year built
- 1828
- Construction
- FRAME
- Lot size
- 0.29 lot acres
- Property size
- 9,444 SF
- Zone code
- BH
- Property type
- Commercial real estate
- APN
- SMSW M:11 B:78 L:0
- APU
- SMSWM11B78L0
Description
This exceptional 9,444 square foot former church, located at 49 Market Street in the heart of Somersworth, NH, presents a unique investment opportunity. Completely renovated and in excellent condition, the property boasts significant updates including a new electrical system, updated HVAC, ADA-compliant bathrooms, and a fully equipped commercial kitchen. Currently operating as a successful function hall, "The Hall at Great Falls," it's approved for occupancy of 300 people and has a food service license and state-approved liquor license. The first floor features a large commercial kitchen, a versatile meeting/function space, and ample restroom facilities. The second floor offers a spacious, three-story open function area with beautiful wood floors, large windows, a stage, a bar, and two bathrooms. The third floor includes a balcony and two private rooms. The building also includes a fire sprinkler system for safety. While the property itself has two parking spaces on its 0.29-acre lot, the city permits street parking and the use of nearby GE parking for events. This versatile property is ideal for a variety of uses, offering significant potential for continued success as an event venue or for adaptive reuse. Its central location and extensive recent upgrades make it a truly remarkable opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Somersworth
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.8643
- Latitude
- 43.264
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA