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Property profile & analytics
OFF-MARKET
Retail space

8 Somersworth Plz Somersworth, NH 03878-3225

4,764 SF 0.16 ac lot Built 1965
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US58-0611007
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction FRAME
Total area 4,764 SF
Lot 0.16 ac (7,187 SF)
Zoning code B
APN SMSW M:10 B:167A L:0
UPID US58-0611007
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
  • Stripe Nine Brewing Co. Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
RATIFICATION ENTERPRISE
RATIFICATION ENTERPRISE
Zoning & alternative use
B · Somersworth, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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