High Visibilty Office Space on RT 108 (Portsmouth Ave) - Stratham, NH

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30814665
Property Subtypes: Executive Suites, Coworking, High-Tech, Medical, Mixed Use, Flex Space, Office Building
Status: Pending/Contingent
Building Size (RSF): 4,915 SF
Gross Building Area: See Agent
Gross Land Area: 1.34 Acres
Sale Price: $1,200,000
Unit Price: $244.15 PSF
Property Use Type: Vacant/Owner-User
Building Name: Hannah Wingate Homestead
Class of Space: Class B
Usable Size (USF): 5,537 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2022

Overview / Comments

The historic Hannah WIngate Homestead features a large office space, a two bedroom apartment, and a studio apartment. Building was remodeled in 1998 and a new gas furnace was added in 2017, and maintains its historic ambiance with exposed beams, fireplaces, and wide plank flooring Route 108 has a VPD count of 22,000. Property is located a short distance from NH RT 101. This property would make a great location for any professional/medical practice, restaurant/brew pub, multi-family, or return it to its previous retail function. Seller Hannah Wingate LLC is controlled by a licensed New Hampshire real estate broker

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 13/89//
Zoning: PRE- PROFESSIONAL-RESIDENTIAL
Property Visibility: Excellent
Highway Access: Direct access to NH RT 108 (Portsmouth Avenue)
Airports: Boston-Manchester, Logan International
Total Number of Buildings: 5
Number of Stories: 2
Year Built: 1829
Year Renovated: 1998
Roof Type: Gable
Construction/Siding: Wood Frame, Wood Siding
Parking Type: Surface
Parking Description: Gravel lot
Total Parking Spaces: 20
Sprinklers: None
Heat Type: Propane, Hot Water
Heat Source: Baseboard
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: Professional/Residential District: The intent of this district is to maintain the existing and surrounding neighborhood’s residential appearance while allowing professional office development and limited retail uses through creative planning, oversight, and performance standards. The district offers a unique opportunity to promote mixed-use development while maintaining buffering for residential neighborhoods from disturbance and disruption on streets with high traffic volumes.
Lot Frontage: 247
Water Service: Well
Sewer Type: Septic
Easements: Electric Lines
Easements Description: 2014 EASEMENT W/POWERLINES

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,405 17,551 43,219
Median Age: 44.27 43.55 42.93
Households: 942 7,001 17,855

Contact

Photograph of Listing Agent

Bill Riffert

Bean Group NECPE Member
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