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: |
5/2/2024 |
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.
|
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Strafford |
| Tax ID/APN: |
40-04-B |
| Zoning: |
R/C - (RESIDENTIAL/COMMERCIAL) |
| 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 |
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 |
|
© Copyright 2024 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.
|
