445 High StSomersworth, NH 03878

  • Other commercial real estate
  • 4.55 AC
For Lease

Property Details for 445 High St

Lot size
4.55 AC
Zone code
R1
Property type
Other commercial real estate
APN
SMSW M:42 B:03 L:0
APU
SMSWM42B03L0

Description

This exceptional 26,400 square foot warehouse, located at 445 High Street in Somersworth, New Hampshire, presents a prime ground lease opportunity. The property boasts a highly desirable location within Somersworth's retail corridor, experiencing significant traffic volume of 24,321 vehicles per day. This strategic positioning offers unparalleled visibility and accessibility for businesses seeking a strong presence in a thriving market. The warehouse is zoned R1 and RC, allowing for single-family homes and mixed-use commercial development, providing flexibility for a variety of uses. The space is currently entirely vacant and available for lease, offering a total of 26,400 contiguous square feet. Multiple tenancy options exist, with a minimum divisible space of 4,800 square feet. Ample parking is provided with 132 spaces available for tenants and their customers. The property enjoys convenient access to Route 16, placing it just 15 minutes from Portsmouth, New Hampshire, and only 5 minutes from the Maine border. This location benefits from New Hampshire's attractive economic climate, featuring no income tax on wages and no sales tax, making it an ideal location for businesses and individuals alike. This versatile warehouse space presents a unique opportunity to establish a thriving enterprise in a prime New England location. Contact us today to learn more about this exceptional property and its leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $37,506,812
    Hospitality
    $34,356,040
    Educational
    $28,583,822
    Medical
    $29,566,864
    Retail
    $44,463,724
445 High St, Somersworth, New Hampshire

Location Insight

City
Somersworth
County
Strafford
State
New Hampshire
Latitude
43.2323
Longitude
-70.8838
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,254
$246,000
$274,600
$520,600
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-
-
-

FAQs

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