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411 Rt-108 57,430 SF Retail Building Somersworth, NH 03878 $6,978,902 CAD ($121.52 CAD/SF)
INVESTMENT HIGHLIGHTS
- Versatile 57,430± SF Freestanding Building with flexible layout – two-thirds showroom and one-third high bay warehouse, ideal for retail, warehouse, o
- Full Utility Services – municipal water/sewer, natural gas, 3-phase power, and wet/dry sprinkler systems
- Prime Location with easy access to Routes 9, 16 (Spaulding Turnpike), and I-95
- High Bay Warehouse Conversion Potential – the entire building can be reconfigured for light manufacturing or distribution
- High Visibility and Expansion Capacity – 5.25± Acres, 75± parking spaces, and 400± feet of frontage
- Located in NH Economic Revitalization Zone (ERZ) – potential tax incentives for qualifying businesses
EXECUTIVE SUMMARY
57,430± SF retail/industrial building is available for sale in Somersworth, NH. Situated on 5.25± acres and built in 2006, this one-story property offers a flexible layout with two-thirds showroom and one-third high bay warehouse. The building can be fully converted to high bay warehouse space, making it an excellent fit for light manufacturing, warehousing, or distribution users.
Strategically located along the highly trafficked Route 108 with 400± feet of road frontage, the site offers strong exposure and convenient access to major highways. The building is serviced by municipal water and sewer, natural gas, 3-phase power, and wet/dry sprinkler systems. Additionally, the property is located within a New Hampshire Economic Revitalization Zone (ERZ), offering potential tax incentives for qualifying businesses.
The current tenant, Holmwoods Furniture, is open to signing a short-term lease, allowing flexibility for owner-users or investors during the transition phase.
Proof of funds and/or prequalification will be required prior to all showings.
Strategically located along the highly trafficked Route 108 with 400± feet of road frontage, the site offers strong exposure and convenient access to major highways. The building is serviced by municipal water and sewer, natural gas, 3-phase power, and wet/dry sprinkler systems. Additionally, the property is located within a New Hampshire Economic Revitalization Zone (ERZ), offering potential tax incentives for qualifying businesses.
The current tenant, Holmwoods Furniture, is open to signing a short-term lease, allowing flexibility for owner-users or investors during the transition phase.
Proof of funds and/or prequalification will be required prior to all showings.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$103,362
|
$1.80
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$103,362
|
$1.80
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $103,362 |
| Annual Per SF | $1.80 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $103,362 |
| Annual Per SF | $1.80 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
57,430 SF
Building Class
B
Year Built
2006
Price
$6,978,902 CAD
Price Per SF
$121.52 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.25
Lot Size
5.30 AC
Opportunity Zone
Yes
Zoning
C1 - The Commercial/Industrial zone in Somersworth provides the most versatile permitted by-right uses. Additionally, the State of NH has designated this a
Parking
75 Spaces (1.31 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | SMSW-000056-000010 | Total Assessment | $6,406,156 CAD |
| Land Assessment | $747,794 CAD | Annual Taxes | $103,362 CAD ($1.80 CAD/SF) |
| Improvements Assessment | $5,658,362 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
SMSW-000056-000010
Land Assessment
$747,794 CAD
Improvements Assessment
$5,658,362 CAD
Total Assessment
$6,406,156 CAD
Annual Taxes
$103,362 CAD ($1.80 CAD/SF)
Tax Year
2024
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411 Rt-108
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