8 Somersworth Plz Somersworth, NH 03878-3225
- Retail space
- 4,764 SF
- 0.16 lot acres
Current Use by Public Records
- Stripe Nine Brewing Co. / Brewery / Pizza Restaurant
Property Details for 8 Somersworth Plz
- Year built
- 1965
- Construction
- FRAME
- Lot size
- 0.16 lot acres
- Property size
- 4,764 SF
- Zone code
- B
- Property type
- Retail space
- APN
- SMSW M:10 B:167A L:0
- APU
- SMSWM10B167AL0
Description
Located at 8 Somersworth Plaza in Somersworth, NH, this 4,800 square foot commercial property is ready for immediate occupancy. Completely renovated in 2019, this versatile space is ideal for retail, restaurant, or light industrial uses, as permitted by the retail business zoning. The property boasts a newly installed 6-inch concrete slab, a recently replaced roof (completed last month), a state-of-the-art sprinkler and alarm system, and robust 400 AMP 3-phase electrical service. Two ADA-compliant bathrooms, a dedicated dish room, oven, and bartop are included, making it particularly well-suited for food service businesses. Ample parking is available on the large, 0.33-acre lot, providing convenient access for customers and employees. The property is conveniently located in the heart of Somersworth, offering easy access to both Somersworth and Berwick, Maine. Utilities are the responsibility of the tenant. Lease price is $4,800.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $260,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $275,000
- Mixed-Use
- $250,000
- Hospitality
- $245,000
- Educational
- $260,000
- Residential Income
- $270,000
- Energy
- $205,000
- Income-Based Land
- $260,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Somersworth
- County
- Strafford
- State
- New Hampshire
- Longitude
- -70.8636
- Latitude
- 43.2612
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA