Stand alone office or conversion

Office for Sale
Catylist Listing ID: 30816139
Building Size (RSF): 1,796 SF
Gross Building Area: 3,232 SF
Gross Land Area: 0.05 Acres
Sale Price: $1,200,000
Unit Price: $668.15 PSF
Property Use Type: Investment, Business
Building Name: 96 Chestnut St
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2022

Overview / Comments

Among one of the most quintessential Portsmouth locations, Chestnut Street is a coveted street for those looking for an executive office or those who dream of having a single-family home a stone's throw from everything Portsmouth is known for. A classic representation of a New Englander floorplan, 96 Chestnut Street has been impeccably maintained as a Class A office building but allows for a conversion to a low-maintenance single-family home. Situated on what is now a dead-end street, the sidewalks and granite curbing include beautiful flowers maintained by the City of Portsmouth. Never worry about where you will park downtown with 3 front-to-back parking spaces in a picturesque brick paver driveway. Stepping off the street you will immediately notice how quiet this area of town is and how the newer windows keep the noise and distractions out of your way. Taller than average ceilings and ample sunlight make each room stimulating and enjoyable. Recessed lighting allows you to think about the opportunity to convert the central meeting room into a gorgeous kitchen! Upstairs there are 3 generous-sized rooms for executive desks, primary and secondary bedrooms, or quaint den space. Don't fear, the hallway is wide and welcoming for office users of family members to coexist easily. A finished third floor would make a nice bonus room, guest suite, or breakout office. Although built in the mid-1800s, the foundation has been improved and reestablished with the upmost integrity.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 0116-0024-0000
Zoning: MRO
Property Located Between: Court St & State St
Property Visibility: Good
Site Description: City, sidewalks, dead-end street, quiet
Area Description: Downtown urban core
Total Number of Buildings: 1
Number of Stories: 25
Year Built: 1842
Year Renovated: 2018
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Clapboard
Parking Ratio: 1.1 (per 1000 SF)
Parking Type: Surface
Parking Description: 3 front-to-back parking spaces on brick pavers
Total Parking Spaces: 2
Sprinklers: None
Heat Type: Oil
Heat Source: Baseboard, Central
Air Conditioning: Other
Internet Access: Cable
Zoning Description: Mixed-use business and residential
Lot Frontage: 30
Lot Depth: 75
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,213 27,268 43,375
Median Age: 40.65 42.04 42.94
Households: 4,910 12,918 19,637


Photograph of Listing Agent

Andrew Samonas

Samonas Realty NECPE Member
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