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.

Financials

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
Zoning: COMMERCIAL
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

View FullscreenMap

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

Contact

Photograph of Listing Agent

David F. Choate, III

Colliers International NECPE Member
Photograph of Listing Agent

Abigail K. Bachman

Colliers International NECPE Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.