Retail For Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30659518
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Other
Status: Pending/Contingent
Building Size (RSF): 1,788 SF
Gross Building Area: See Agent
Gross Land Area: 0.29 SF
Sale Price: $449,999
Unit Price: $251.68 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 919 Bypass
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/29/2020

Overview / Comments

This retail/commercial/industrial building is located in historic Portsmouth, NH and is less than half a mile from the Portsmouth traffic circle, along the bypass which provides many commuters and tourists an entry point from Maine to New Hampshire. This property has excellent visibility on a very busy highway. This is called the US Route 1 bypass, as it is a more direct link than Route 1. This smaller, retro style building has great character as well as serving many different business needs with parking and a loading dock. For any business that wants to call Portsmouth their home, this property is an affordable way to make that happen.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 0142/ 0039/ 0000
Zoning: COMM -B
Retail Clientele: General, Business, Other
Property Located Between: Portsmouth Traffic Circle and Sarah Mildred Long Bridge
Property Visibility: Excellent
Largest Nearby Street: Route 1 Bypass
Feet of Frontage: 155
Traffic/Vehicle Count: 20,000
Highway Access: I-95
Airports: Portsmouth International
Site Description: Mostly Level, adequate paved parking with great access and visibility
Area Description: This property is located on the US-1 Bypass in Portsmouth NH, half way between the Portsmouth traffic circle and the Sarah Mildred Long Bridge to Kittery, ME. This highly trafficked area is ideal for businesses that would benefit from visibility as well as service or commerce related businesses that need a central point in the seacoast. Accessibility is the key on this property. Rt 95 access is only a half mile away, and Maine is only a half mile away. Portsmouth draws from many of the surrounding communities in both NH and Maine and with such a historic and vibrant downtown, this community has many people wanting to visit and/or call this home, or their headquarters.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,788 SF
Property Condition: Good
Year Built: 1950
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Concrete/cinder
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: adequate - Approx 10 spots.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central, Other
Air Conditioning: Window Unit
Internet Access: Other
Interior Description: Clean - Functional space that would work for both retail and for trades.
Zoning Description: Commercial Business
Lot Frontage: 150
Lot Depth: 94
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee
Legal Description: 4997/0369

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,259 26,871 44,210
Median Age: 38.47 42.32 42.66
Households: 5,363 12,675 20,062
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