Downtown Office Condo for Sale

Office for Sale
Catylist Listing ID: 30766592
Property Subtypes: Office Building
Condo? Yes
Building Size (RSF): 1,833 SF
Gross Building Area: 20,265 SF
Gross Land Area: 0.81 Acres
Sale Price: $375,000
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 1/9/2022

Overview / Comments

This first floor small office condominium is conveniently located in downtown Portsmouth with easy walkability to local businesses, retail shops and restaurants.

The unit consists of an open reception/waiting area, seven private offices, a lunchroom that could also function as a conference room, a copy/mail room, and a storage room. There are common bathrooms in the hallway and a common shower room on the lower level. Handicap accessibility is via a lift from the rear parking lot.

With this unit comes four designated parking spaces. There is also on street free and hourly parking available on State St. and it is a 10 minute walk to Portsmouth's newly built Foundry Parking Garage.

Both heat and AC are included in the monthly condo fees. There is one AC thermostat for Units 1 and 2 with the AC control being in Unit 1 (owners agree on a reasonable temperature for the spaces). Owner pays for the electric for lights and plugs.

Condo fees are $866.91 per month. Average electric costs are $53.21 per month and current 2021 taxes are $5,855.01.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Portsmouth
Taxing Authority: City of Portsmouth
Tax ID/APN: 0127/ 0020/ 0002/ /
Is Condo?: Yes
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1960
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Four designated parking spaces come with the unit in the back surface lot. There is also free and hourly street parking available and it is a 5 minute walk to Portsmouth's newly constructed Foundry Place Parking Garage
Total Parking Spaces: 4
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,784 27,268 43,375
Median Age: 40.96 42.04 42.94
Households: 4,618 12,918 19,637


Photograph of Listing Agent

David F. Choate, III

Colliers International NECPE Member
Photograph of Listing Agent

Abigail K. Morneault

Colliers International NECPE Member
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