Portsmouth NH - Full Service Gas and Repair Station

Retail-Commercial for Sale
Catylist Listing ID: 30461266
Property Subtypes: Free-Standing Building, Retail-Pad, Service Station/Gas Station, Street Retail
Building Size (RSF): 1,296 SF
Gross Building Area: See Agent
Sale Price: $849,000
Unit Price: $655.09 PSF
Property Use Type: Business
Building Name: 921 Islington St
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/1/2021

Overview / Comments

Full service gasoline and repair station in downtown Portsmouth at 921 Islington Street. The 1,296 SF station is located on the west end of town on the heavily traveled Islington Street which connects I95 Exit 3 area with the downtown center. Currently run as a full service gas with repair and inspections on 0.27 acre of land, this is a great opportunity in one of the best markets in New Hampshire for an operator with great margins and existing customer base.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Portsmouth
Tax ID/APN: 0172/ 0010/ 0000
Zoning: B
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Largest Nearby Street: Islington
Traffic/Vehicle Count: 5,000
Highway Access: Location is minutes from I95 Exit 3, Spaulding Turnpike (RT 4), and US RT 1 all of which connect to downtown Portsmouth
Airports: Manchester-Boston to the West. Boston Logan to the South. Portland International to the North
Site Description: Full service gasoline and repair station in downtown Portsmouth at 921 Islington Street. The 1,296 SF station is located on the west end of town on the heavily traveled Islington Street corridor which connects I95 Exit 3, Spaulding Turnpike (RT 4), and US RT 1 area with the downtown center. Currently run as a full service gas with repair and inspections on 0.27 acre of land, this is a great opportunity in one of the best markets in New Hampshire for an operator with great margins and existing customer base.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1960
Construction/Siding: Block, Concrete
Parking Type: Surface
Parking Description: Paved flat lot
Heat Type: Natural Gas
Zoning Description: B
Lot Frontage: TBD
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,273 31,260 40,496
Median Age: 40.42 41.81 42.59
Households: 4,698 14,718 18,458

Contact

Photograph of Listing Agent

Bill Riffert

Bean Group NECPE Member
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