Over 7 Acre Lot on Miracle Mile in Somersworth

Retail-Commercial for Sale
Catylist Listing ID: 30863435
Building Size (RSF): 8,028 SF
Gross Building Area: See Agent
Gross Land Area: 7.30 Acres
Sale Price: $3,450,000
Unit Price: $429.75 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2024

Overview / Comments

404 High Street is located on the Miracle Mile of Somersworth located adjacent to Walmart and across the way from Home Depot, Target, and many other local and national businesses. The lot is comprised of approximately 7.38 acres, with approximately 670 feet of frontage along this very busy corridor, which represents the main shopping area for local residents and those from Maine.
The property is highly visible in the Residential/Commercial (RC) zone providing for multiple commercial, retail, and residential uses on a level piece of land. This property represents one of the last large parcels available in this highly travelled area and contains an existing large pervious area.
The property is being sold subject to the typical restrictive use provision required by the Seller when selling existing property utilized as a Catholic Church, with Church torn down. Buyer to compensate its agent, if any. Call for additional details regarding sale provisions.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: 37-07-0
Zoning: RC
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: High Street
Feet of Frontage: 670
Zoning Description: Residential/Commercial
Lot Frontage: 670 Feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,072 28,859 60,320
Median Age: 40.55 36.56 37.91
Households: 1,288 11,625 24,845

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