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Property profile & analytics
OFF-MARKET Estimated value $420,000
Grocery and convenience stores

1 Somersworth Plz Somersworth, NH 03878-3225

8,500 SF 0.19 ac lot Built 1965
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US58-0596568
Property summary
AI-generated overview

This exceptional 8,400 square foot retail space at 1 Somersworth Plaza in Somersworth, NH, presents a compelling investment opportunity. Located in a vibrant downtown area, this property boasts a highly desirable location near the Maine border, ensuring excellent accessibility and exposure to a broad customer base. The property features ample on-site parking, a significant advantage for both customers and employees. The building's strategic placement within the downtown core provides high visibility and foot traffic, maximizing potential for business success. This is a rare chance to acquire a substantial retail space in a growing market. The property's proximity to a planned development of approximately 154 residential units promises increased foot traffic and a burgeoning local customer base in the near future. The 0.19-acre lot provides ample space for convenient parking and potential future expansion. The asking price of $350,000 represents a strong value proposition for an established retail space in a thriving location. This property is ideal for a variety of retail businesses seeking a prominent presence in a dynamic and expanding community. Don't miss this opportunity to secure a prime retail location in Somersworth, NH.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1965
Construction FRAME
Total area 8,500 SF
Lot 0.19 ac (8,407 SF)
Zoning code B
APN SMSW M:10 B:167 L:0
UPID US58-0596568
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k
Owner & transaction history
Powell Housing LLC · 1 yrs held
Powell Housing LLC
since 2025
Last sale
$339,933
2 recorded transactions
2025
$350,000
2021
$339,933
Zoning & alternative use
B · Somersworth, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is provided for retail, commercial and light industrial uses in areas where such uses historically have been located, and in which current use densities and features of the land make the rigid application of dimensional controls and parking requirements difficult to apply (i.e., in the Central Business District). Harmonious non-residential uses…

Zone name Business
General category INDUSTRIAL
Zone area 168.45 ac
Source Realmo
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