PRICE IMPROVED! Prime South End Mixed-Use Property with Water Views
Retail-Commercial
for Sale
| Catylist Listing ID: |
30873042 |
| Property Subtypes: |
Free-Standing Building, Mixed Use
|
| Building Size (RSF): |
1,481 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,250,000 |
| Unit Price: |
$844.02 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/12/2024 |
Overview / Comments
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Prime Mixed-Use Property with Waterviews in Historic South End, Portsmouth, NH. Welcome to a unique investment opportunity in the heart of Portsmouth's charming South End! This 2-story property boasts a perfect blend of commercial and residential spaces, making it an ideal choice for entrepreneurs and investors alike. Situated next door to Sanders Fish Market, this property is at the epicenter of South End's vibrant community. Enjoy the convenience of being steps away from the bustling Farmer's Market, Prescott Park, historic Strawbery Banke, and all the cultural and culinary delights Portsmouth and the Seacoast have to offer. The ground level features a versatile commercial shop space, perfect for retail, food service, a boutique, or an office. With high foot traffic and excellent visibility, your business will thrive in this prime location. The second story hosts a charming 1-bedroom apartment with water views of the picturesque Piscataqua River, an ideal location perfect for an owner-occupant or as a desirable rental unit. This property seamlessly blends historic character with modern amenities. The South End's historic appeal, combined with the property's well-positioned corner location, ensures a unique opportunity to be a neighborhood hot spot. From dining and shopping to parks and waterfront activities, everything you need is within walking distance. The vibrant community and lively atmosphere make this location highly sought after. PRE-INSPECTED. Shown By Appointment. Wine business does not convey but may consider selling separately. NH MLS# 4997299
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Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Tax ID/APN: |
0102-0026-0000 |
| Zoning: |
WB |
| Retail Clientele: |
General, Business, Tourist |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
South Street |
| Site Description: |
Corner Exposure |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Fair |
| Year Built: |
1800 |
| Construction/Siding: |
Wood Siding |
| Parking Type: |
Other |
| Parking Description: |
On Street |
| Heat Type: |
Electricity |
| Heat Source: |
Baseboard |
| Air Conditioning: |
Window Unit |
| Internet Access: |
Cable |
| Interior Description: |
First Floor is currently being rented by a wine and cheese shop. Has kitchen area and half bathroom. Second floor is a 1-bedroom/1-bath apartment with separate kitchen, living room and office. Property was converted into 2 units from single-family. Apartment access is through the interior of the shop. |
| Zoning Description: |
Waterfront Business |
| Lot Frontage: |
40 feet |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,205 |
27,268 |
41,611 |
| Median Age: |
40.99 |
42.04 |
42.85 |
| Households: |
3,918 |
12,918 |
18,957 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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