High Bay Retail/Industrial

Retail-Commercial for Sale
Catylist Listing ID: 30828448
Property Subtypes: Free-Standing Building
Building Size (RSF): 57,430 SF
Gross Land Area: 5.25 Acres
Sale Price: $6,799,000
Unit Price: $118.39 PSF
Ceiling: 25.9 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: Holmwoods Furniture and Design Center
Usable Size (USF): 57,430 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Last Updated: 2/15/2024

Overview / Comments

57,430 SF retail/industrial building with high bay warehouse is available for sale along Route 108 in Somersworth, NH.

Well-suited for an open concept retailer or conversion to an industrial use, such as light manufacturing, distribution, and warehouse. Currently fit-up as two-thirds furniture showroom space and one-third high bay warehouse.

Building features 2 loading docks, 1 drive-in door, plenty of on-site parking (75 lined spaces), and great signage visibility.

Located directly on the well-traveled Route 108, which is only 4 miles from Route 16/Spaulding Turnpike and 3.4 miles from Weeks Crossing.

Holmwoods would consider a short or long term leaseback.


Finance Data Year 2022
Real Estate Taxes - Annual($) $0 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Submarket/Township: Dover/Rochester/Somersworth
Taxing Authority: City of Somersworth
Tax ID/APN: 56-20-0
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Route 108
Feet of Frontage: 407
Traffic/Vehicle Count: 14,204
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2006
Roof Type: Hip
Construction/Siding: Wood Siding
Total Parking Spaces: 75
Parking Type: Surface
Sprinklers: Wet, Dry
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 407
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,586 22,683 58,805
Median Age: 43.22 39.87 38.38
Households: 1,074 9,194 23,723


Photograph of Listing Agent

David F. Choate, III

Colliers International NECPE Member
Photograph of Listing Agent

Abigail K. Bachman

Colliers International NECPE Member
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