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Property profile & analytics
OFF-MARKET Estimated value $1,140,000
Showrooms

259 Rte 108 Somersworth, NH 03878-1512

7,363 SF 2.08 ac lot Built 1995
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US58-0601578
Property summary
AI-generated overview

This exceptional 8,240 square foot medical office building is situated on a 2.08-acre lot in Somersworth, New Hampshire's thriving "Medical Mile," conveniently located near Wentworth Douglass Hospital and Frisbie Memorial Hospital. The building boasts a modern design and offers significant potential for future development. Currently configured as a single unit, it presents a unique opportunity to create two medical condominiums, one approximately 3,095 square feet and the other approximately 5,145 square feet. This flexible layout caters to a variety of healthcare practices and allows for customized space configurations to meet individual needs. In addition to the main office space, a substantial 2,930 square foot dry basement provides ample storage capacity. The property is available for both sale and lease, presenting a compelling investment opportunity for those seeking a prime location within a well-established medical corridor. The strategic location and modern amenities make this property an ideal choice for healthcare professionals and investors alike. Serious inquiries are encouraged.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1995
Construction FRAME
Total area 7,363 SF
Lot 2.08 ac (90,735 SF)
Zoning code CI
APN SMSW M:46 B:4D L:0
UPID US58-0601578
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
by Request
CAP Approach CAP
$1.14M
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$1.14M
Owner & transaction history
Labelle Herman Re Hldg Ll
Labelle Herman Re Hldg Ll
since 2025
Last sale
$1.1M
1 recorded transaction
2025
$1.1M
Zoning & alternative use
CI · Somersworth, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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