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Property profile & analytics
OFF-MARKET
Manufacturing properties

22 Interstate Dr Somersworth, NH 03878-1209

5,498 SF 1.7 ac lot Built 1970
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US58-0577460
Property summary
AI-generated overview

This exceptional 1.7-acre property in Somersworth, New Hampshire, presents a remarkable opportunity for business owners seeking a well-maintained office space. Located at 22 Interstate Drive, the building has undergone extensive renovations, boasting brand new air conditioning units (four in total), completely refinished floors, and updated ceilings. These recent improvements ensure a comfortable and modern working environment for tenants or owners. The expansive 1.7-acre lot provides ample space for parking, future expansion, or simply enjoying the serene setting, which includes an attractive pond feature. The property's prime location offers convenient access to major transportation routes, making it an ideal choice for businesses seeking both functionality and a tranquil atmosphere. The asking price of $1,600,000 reflects the significant investment in recent upgrades and the overall desirability of this unique office building. This is a rare opportunity to acquire a move-in ready, updated office building on a substantial lot in a desirable location. Serious inquiries are encouraged. The property is ready for immediate occupancy.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1970
Construction FRAME
Total area 5,498 SF
Lot 1.7 ac (74,052 SF)
Zoning code I
APN SMSW M:58 B:6J L:0
UPID US58-0577460
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
Current use
Occupant on record · Public records
  • Empower Yoga and Coaching Gym & Fitness Center
  • Holistic Alignment Healing Center Community Health Centre
  • Heart Cave Healing Alternative Medicine Practice
  • Reclaim Wellness LLC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Restore Alignment Props · 3 yrs held
Restore Alignment Props
since 2023
Last sale
$335,000
3 recorded transactions
2024
Price N/A
2023
Price N/A
2023
$335,000
Zoning & alternative use
I · Somersworth, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is provided for manufacturing and similar uses which generally do not include the over-the-counter retail sales of goods or services as a significant portion of the business

Zone name Industrial
General category INDUSTRIAL
Zone area 562.51 ac
Source Realmo
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