302 Main St | Somersworth, NH 03878
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302 Main St
Somersworth, NH 03878
EMERALD CITY STORAGE AND LAUNDRY · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Severely Below Market Rates – Opportunity to increase rents as the current rents are between 40% and 51% below the average market rents.
- Storage Expansion – Readily available opportunity to expand storage by ±10,000 SF.
- Additional Storage Revenue Streams – The New owner can implement admin fees and tenant insurance to increase overall revenue produced.
- Real Estate Diversification – Opportunity to purchase 4 diverse and established streams of real estate income. Including a high physical occupancy
- Strong Market Growth – Located just north of Boston in a rapidly growing suburb, following trends of urban outflow into New England suburbs.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1920 |
| Property Subtype | Warehouse | Parking Ratio | 2.17/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18’ |
| Lot Size | 1.43 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 31,715 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 2 | ||
| Zoning | Mixed Use | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.43 AC |
| Rentable Building Area | 31,715 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 2.17/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Mixed Use |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Number | SMSW-000008-000001 | Improvements Assessment | $930,300 |
| Land Assessment | $119,900 | Total Assessment | $1,050,200 |
PROPERTY TAXES
Parcel Number
SMSW-000008-000001
Land Assessment
$119,900
Improvements Assessment
$930,300
Total Assessment
$1,050,200
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