Commercial Bldg w/Apt for Sale - Portsmouth NH

Office for Sale
Catylist Listing ID: 30794757
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 3,127 SF
Gross Building Area: See Agent
Sale Price: $599,000
Unit Price: $191.56 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/11/2022

Overview / Comments

3,100sf building for sale, 2111sf on the first floor and a 2br apt on the second floor. Very visible location at a lighted intersection on the corner of Rt1 and Ocean Rd. Located in the southern Portsmouth business district just 2.5 miles from I-95 and 4 miles to downtown. Property is adjacent to a new multi-unit residential condominium complex. Formerly a convenience store, could be reopened, zoned Convenience II to allow some food service, existing commercial stove, hood, grease trap and food prep area. Can be converted to office, retail or residential use.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 0292/0152/0000
Zoning: MRB
Property Visibility: Excellent
Highway Access: Ocean Rd to Rt 33 to I-95 - 2.5 miles
Site Description: 0.27ac corner lot.
Area Description: Area is a mix of commercial, industrial, retail, restaurants and residential
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,111 SF
Year Built: 1985
Construction/Siding: Wood Siding
Parking Type: Surface
Parking Description: paved lot
Total Parking Spaces: 14
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Other
Interior Description: mostly open space
Lot Frontage: 35' on Route1, 132' on Ocean Rd
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,705 16,367 42,273
Median Age: 37.37 42.71 42.76
Households: 1,770 7,132 18,863

Contact

Photograph of Listing Agent

Bob Marchewka

Compass NECPE Member
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