472 High St Sta, Unit A Somersworth, NH 03878-1012
- Commercial real estate
- 5,186 SF
- 0.39 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 472 High St Sta
- Year built
- 1894
- Construction
- FRAME
- Lot size
- 0.39 lot acres
- Property size
- 5,186 SF
- Zone code
- RC
- Property type
- Commercial real estate
- APN
- SMSW M:40 B:04 L:A
- APU
- SMSWM40B04LA
Description
This exceptional 4,500 square foot commercial property, located at 472 High Street in Somersworth, New Hampshire, is offered at $445,000. The vacant, pre-approved development site sits on a 0.783-acre lot (APN 40-04-B) and is zoned R/C (Residential/Commercial). Previously approved plans allow for the construction of a building with three commercial units: one large retail space of approximately 3,500 square feet and two smaller units, each around 500 square feet. The property boasts excellent visibility, situated on a busy intersection with over 24,400 vehicles passing daily, and is surrounded by major national retail chains. This multi-unit condo offers a gross lease type and benefits from its location serving both Dover and Somersworth, making it an ideal investment opportunity in a rapidly growing New Hampshire region. Detailed plans and additional information are available upon request. The property is part of a condo association. The price per square foot is $111.11. The average rent per unit is $632,911.
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
- -70.8829
- Latitude
- 43.2287
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
