For Sale - Downtown Development Site

Office for Sale
Also listed as Retail-Commercial, Vacant Land
Catylist Listing ID: 30647759
Property Subtypes: Mixed Use, Office Building
Building Status: Proposed
Building Size (RSF): 103,546 SF
Gross Building Area: See Agent
Sale Price: $4,900,000
Unit Price: $47.32 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/6/2020

Overview / Comments

157 Deer Street, Lot 5 is a 0.52 +/- acre development site in the heart of downtown Portsmouth, New Hampshire.

Highlights include:

- The lot is ideally situated at the corner of Maplewood Avenue and Deer Street at a lighted intersection offering high visibility and heavy pedestrian and vehicle traffic.

- This versatile property is located in the North End Overlay District which allows additional density for community space and/or workforce housing.

- Additionally, there is a current design in place for a proposed mixed-use development consisting of a 103,546 +/- SF, 4.5 story mixed-use building with underground parking.

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 0125-0017-0000
Zoning: CD5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,713 26,118 45,500
Median Age: 40.73 42.16 42.84
Households: 5,116 12,383 20,592

Contact

Photograph of Listing Agent

Christian Stallkamp

The Boulos Company NECPE Member
Photograph of Listing Agent

Katherine Gemmecke

The Boulos Company NECPE Member
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