Prime Downtown Portsmouth NH - Mixed Use Building !

Retail-Commercial for Sale
Catylist Listing ID: 30761479
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 3,737 SF
Gross Building Area: 6,352 SF
Gross Land Area: 0.07 Acres
Sale Price: $1,395,000
Unit Price: $373.29 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 85-87 Daniel Street
Usable Size (USF): 3,274 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/10/2021

Overview / Comments

Prime Downtown Portsmouth Location - Mixed Use Historic Building - Circa 1880. Potential for retail, office, residential use and/or condo development. Currently 4 units on 1st & 2nd floors with potential for a 5th unit - attic loft. Onsite paved parking for 5 vehicles located in rear of building via Custom House Lane. Walking distance to Market Square and the waterfront. City Water & Sewer. Located directly across from the Thomas J McIntyre Federal Building. Price Improved!

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Portsmouth, NH
Tax ID/APN: 0107-0008-0000
Zoning: CD4
Retail Clientele: General, Business
Property Located Between: Chapel and Penhallow Street
Property Visibility: Good
Largest Nearby Street: Daniel Street
Feet of Frontage: 44
Highway Access: On ramp to Rte 95 North or South - minutes from Downtown Portsmouth.
Airports: Manchester Regional & Portsmouth
Site Description: Retail / Office / Residential surrounding subject site.
Area Description: Downtown Portsmouth NH - across from the Thomas McIntyre Federal Building. Few blocks away from Market Square and the Portsmouth Waterfront.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,637 SF
Property Condition: Average
Year Built: 1880
Year Renovated: 2012
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Wood frame building with wood clapboard on front and rear. Sides covered with asphalt.
Total Parking Spaces: 5
Parking Type: Surface
Parking Description: On site paved parking for 5 vehicle. Located in rear of building via Custom House Lane.
Heat Type: Natural Gas, Steam
Lot Frontage: 44
Lot Depth: 70
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,213 27,078 43,375
Median Age: 40.65 42.18 42.94
Households: 4,910 12,771 19,637


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