Downtown Portsmouth Retail Space
Retail-Commercial
for Lease
| Catylist Listing ID: |
30870188 |
| Property Subtypes: |
Street Retail
|
| Contiguous Space: |
3,202 SF |
| Gross Building Area: |
19,011 SF |
| Lease Rate: |
$40 PSF (Annual)
|
| Base Monthly Rent: |
$10,673 |
| Lease Types: |
Modified Gross |
| Building Name: |
One Market Square |
| Last Updated: |
4/2/2024 |
Overview / Comments
The iconic real estate at the corners of Congress and High Street (with a private way access to Haven Court) and abutting Ladd Street, with five different addresses, this site not only has a private 20 car parking lot but also sits at the crossroads of the High/Hanover Street's Portsmouth, NH public parking garage.
This historic site, in the true heart of Market Square, has consistently housed many a flourishing business. Beginning in the 1880's when a three-story wood gable-roofed building (torn down in the late 1890's), then housing many local businesses, as well as some with ties from Paris to Boston. There was Pettigrew's Boots Shoes and Leather, (a local name still to this day) La Confiance Ins., Co. Paris, General Insurance Agency, and Commonwealth Fire Insurance from Boston.
|
|
Suite: 103
|
3,202 SF
|
$40 PSF (Annual)
Modified Gross
|
| Level/Floor: |
1 |
| Space Available: |
3,202 SF |
| Lease Rate: |
$40 PSF (Annual)
$10,673 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
Welcome to Suite 103, conveniently located at street level with its own entrance. This versatile space, once home to the renowned Rudi's Restaurant, has most recently been utilized as office space but is perfectly suited for a variety of purposes including retail, a café, or boutique.
Situated just moments away from bustling Market Square, it offers an unbeatable location for businesses seeking a downtown presence in Portsmouth. Additionally, the adjacent lot offers the option to lease one to two parking spaces for added convenience.
The current layout boasts an elegant wood bar, a spacious open area, well-appointed men's and women's restrooms, and ample storage space. Whether you're envisioning a charming café, a trendy shop, or an inviting office space, Suite 103 provides a prime opportunity to bring your vision to life in the heart of the city. |
| Space Subcategory: |
Office Showroom |
| Date Available: |
3/26/2024 |
| Lease Term: |
24 Months |
| Space Type: |
Relet |
| Parking Spaces |
2 |
| Tax Expenses |
$2.67 PSF (Annual) |
| CAM Expenses |
$1.20 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Taxing Authority: |
City of Portsmouth |
| Tax ID/APN: |
0117/ 0014/ 0000/ / |
| Zoning: |
CD5 - CHARACTER DISTRICT 5 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Located Between: |
High and Congress |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Congress Street |
| Highway Access: |
Easy access to I-95, Route 1, Route 16 |
| Airports: |
Portsmouth, Boston, Portland, Manchester |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
5 |
| Number of Stories: |
4 |
| Property Condition: |
Good |
| Year Built: |
1800 |
| Construction/Siding: |
Brick/Vinyl Siding |
| Total Parking Spaces: |
2 |
| Parking Type: |
Surface |
| Parking Description: |
Private lot adjacent to building. |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
CD5 - Character District 5 |
| Lot Frontage: |
94 FT |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,213 |
26,118 |
43,375 |
| Median Age: |
40.65 |
42.16 |
42.94 |
| Households: |
4,910 |
12,383 |
19,637 |
|
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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.
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