Pre-Approved Development Site

Vacant Land for Sale
Catylist Listing ID: 30868379
Property Subtypes: Office, Retail
Gross Land Area: 0.79 Acres
Sale Price: $445,000
Unit Price: $563,291 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/23/2024

Overview / Comments

Developable flat site, only unit "B" is for sale and it is part of a condo association. Good soils, this property been approved for development and construction of a building with 4,500 SF footprint. Previously approved for a total of 3 commercial units, the main retail one consisting of 3,500+/- SF and two additional commercial units of 500+/- SF each. This site provides exceptional exposure and is located in one of the fastest growing New Hampshire regions. It's a great opportunity to run your business out of and benefit from with exceptional visibility by over 24,400 vehicles per day. Heavily surrounded by big box and national retail tenants. Additional info and plans available.

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 40-04-B
Property Located Between: Tri-City Plaza ( Market Basket, TJ Max, Staples..), NH Liquor and Wine Outlet
Property Visibility: Excellent
Largest Nearby Street: High St., Route 9
Feet of Frontage: 440
Traffic/Vehicle Count: 24,400
Airports: Skyhaven Airport
Site Description: Immediately off the Spaulding Turnpike, this busy intersection has tremendous retail traffic with many big box and national retail tenants.
Area Description: Somersworth is located in the center of New Hampshire's fastest growing region. The city offers a strategic location for new businesses that is affordable, has all the amenities of a big city with the feel of small town charm, and offers an attractive quality of life. Somersworth is ideally situated in New Hampshire’s Seacoast with easy Interstate access to Portland, Maine (50 min) Boston, Massachusetts (1h 15 min), only 25 minutes from Portsmouth NH, and all key locations in-between! As well as a convenient 8 minute drive from Skyhaven Airport.
Lot Frontage: 440
Zoning Description: R/C - (Residential/Commercial)
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,273 33,623 59,757
Median Age: 40.34 36.66 37.84
Households: 964 14,157 24,686
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