172 Hanover Street, Portsmouth, NH 03801

Office for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 30826110
Property Subtypes: Mixed Use, Office Building, Other
Contiguous Space: 1,500 SF
Building Size (RSF): 1,500 SF
Gross Building Area: 12,523 SF
Gross Land Area: 0.13 Acres
Lease Rate: $24 PSF (Annual)
Base Monthly Rent: $3,000
Lease Types: NNN
Building Name: 172 Hanover St
Class of Space: Class C
Usable Size (USF): 1,500 SF
Last Updated: 1/24/2023

Overview / Comments

Newly for lease,1,500 SF in the heart of Portsmouth. Surrounded by many restaurants, hotels and both office and retail, this is the lower level of a three level building. It is street level, but slightly below grade - it is about 60% of the lower level. Landlord is open to any number of uses such as retail, food service, office or something to compliment the existing. Restaurant tenant on the upper level.

Attachments & Media

Expand All Available Space

Suite: Lower Level 1,500 SF $24 PSF (Annual) NNN
Level/Floor: Street Level
Space Available: 1,500 SF
Lease Rate: $24 PSF (Annual)
$3,000 (Monthly)
Lease Type: NNN
Space Subcategory: Office Building, Mixed Use
Date Available: 12/1/2022
Space Type: Relet
Tax Expenses $44,489 PSF (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Portsmouth NH
Tax ID/APN: 0126-001A-0000
Zoning: CD5
Property Located Between: Under La Carreta restaurant
Property Visibility: Excellent
Highway Access: I -95 to Portsmouth Traffic Circle to Rte 1 bypass I- 05 to Market Street and then Hanover St
Airports: Pease Tradeport
Site Description: The Vaughan Mall area directly abutting property is currently undergoing massive renovation and will become one of the bright spots of Downtown Portsmouth. Zero lot line property with access on Hanover St and The Vaughn Mall.
Area Description: The property is located in the dynamic and very popular downtown of Portsmouth, NH with access on the Vaughn Mall, and Hanover Street. It is immediately adjacent to the Portwalk Project and there are three hotels within a stones throw, plus multiple restaurants adjacent to the property. The old Cabot House building next to this property, is currently undergoing not just a renovation, but a transformation.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 1,500 SF
Year Built: 1850
Year Renovated: 2016
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick exterior with granite details
Parking Type: Surface
Parking Description: Public parking is conveniently located one building away and the city parking garage (Hanover St) is within a one minute walk.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Interior Description: Drywall/Sheet - Minim/Masonry Mostly unfinished space for starting a buildout from scratch.
Lot Frontage: 80
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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