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Description

This highly visible property is located on busy Route 108 in Somersworth. Traffic count is increasing and currently estimated to be between 22,000 and 25,000 vpd. The property is located in the commercial/industrial zone and also in the ERZ overlay zone. The property has been leased for the past 13 years to a single technical school tenant, Empire Beauty School. Recently, the lease has been extended for an additional 3 years with 2.5+/-% increases per year. The tenant pays all expenses except real estate taxes and other structural elements. Reuse for medical/professional office has high potential. Building price details: $695,000.

Property Details

• Type: Commercial (Other)
• Status: Available
• Year Built: 1978
• Buildings: 1

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