Mixed-Use Bldg For Sale - Downtown Portsmouth

Retail-Commercial for Sale
Catylist Listing ID: 30767893
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 1,958 SF
Sale Price: $925,000
Unit Price: $472.42 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2021

Overview / Comments

Nice mixed-use building in downtown Portsmouth. First floor currently occupied by a Barber Shop, upper floors have two 1BR apartments. Walking distance to all downtown businesses, restaurants, hotels and both parking garages. Very well maintained and visible, recent streetscape improvements.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $8,419 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 0125/0005/0000
Zoning: CD4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: The City Convenience Store and Dwyer's Pub
Property Visibility: Excellent
Largest Nearby Street: Maplewood
Feet of Frontage: 333
Highway Access: Maplewood to Rt 1 Bypass north and south 1 mile. Maplewood to Deer St to Market Street Extension to I-095 north and south 2 miles
Site Description: Small in-town lot
Area Description: Commercial and residential mixed-use, Neighborhood businesses, apartments, condos and single-family homes.
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1910
Construction/Siding: Vinyl Siding
Parking Description: On-street parking or in nearby municipal lots and garages.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: Older, well-maintained commercial and residential units.
Zoning Description: CD4 Zone. Many commercial, retail, restaurant and housing uses allowed.
Lot Frontage: 33.33
Lot Depth: 50-60
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,713 27,268 43,375
Median Age: 40.73 42.04 42.94
Households: 5,116 12,918 19,637
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