7 Works Way Somersworth, NH 03878
- Showrooms
- 23,652 SF
- 2.43 lot acres
Current Use by Public Records
- Pinewood medical center / Medical Center
- Little Steps Early Learning Center / Day Care Center / Preschool
- Wentworth-Douglass Hospital / General Hospital
- Stacy Stafford, PA-C / Physician Assistant
- Caitlin Cleary-Lynch, PA-C / Family Practice Physician
Property Details for 7 Works Way
- Year built
- 2011
- Construction
- FRAME
- Lot size
- 2.43 lot acres
- Property size
- 23,652 SF
- Zone code
- CI
- Property type
- Showrooms
- APN
- SMSW M:61 B:14 L:0
- APU
- SMSWM61B14L0
Description
This exceptional two-story, 28,626 square foot medical office building presents a unique opportunity in Somersworth, NH's thriving Medical Mile. Located at 7 Works Way, this single-tenant property, built in 2011, sits on 2.43 acres and features approximately 25,804 square feet of vacant space. The building boasts a modern design with a welcoming post-and-beam entrance and a gas fireplace, creating a comfortable atmosphere for both patients and staff. The spacious interior includes 34+ exam/office rooms, multiple nursing stations, and generous waiting areas. A finished basement offers additional space, including a laboratory and classrooms, complete with walk-out access and a fenced outdoor area, potentially suitable for daycare services. The property is equipped with solar panels for energy efficiency and features central heating and air conditioning for year-round comfort. Ample on-site parking is available. The building is zoned C1 and has an APN of 61-140. Power is supplied by both solar panels and Eversource. Elevators are available for convenient access to both floors. This property offers an unparalleled opportunity for medical professionals seeking a modern and expansive facility in a prime location. The property's strategic location within the established Medical Mile ensures high visibility and accessibility for patients.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,870,000
- 6.5%
- $3,015,000
- 7%
- $2,950,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,995,000
- Geo Method
- $2,530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,160,000
- Retail
- $3,540,000
- Mixed-Use
- $2,950,000
- Hospitality
- $3,240,000
- Educational
- $2,600,000
- Residential Income
- $2,935,000
- Energy
- $3,235,000
- Income-Based Land
- $3,220,000
- Food Service
- $2,860,000
Location Insight
- Map
- Local Demand
- City
- Somersworth
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.9009
- Latitude
- 43.2502
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
