For Sale
Call for price

45 Pearl StPortsmouth, NH 03801

7,200 SF, 3 Units, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A executive office building, "The Pearl," presents a unique investment opportunity in Portsmouth, New Hampshire's vibrant West End. Situated at 45 Pearl St, this historic landmark, originally built in 1851 and extensively renovated in 2018, boasts 7,200 square feet across three stories within a single building on a 0.08-acre lot. The property features stunning architectural details, including original tin ceilings, pillars, balconies, and beautiful two-story stained-glass windows, remnants of its past as a Free Will Baptist church and later, New Hampshire's first African-American church. Modern updates include central air conditioning, a sprinkler system, and updated kitchens and bathrooms. Currently configured as a large office space with two one-bedroom apartments, the property offers significant flexibility. The layout allows for various uses, including potential conversion to full residential use, catering to a wide range of buyers. Its prime location offers easy access to downtown Portsmouth and the Foundry Garage. This is a rare chance to own a piece of Portsmouth history with significant upside potential. The property is offered as a Triple Net (NNN) lease.

Highlights

  • 7,200 SF Class A office building for sale in Portsmouth, NH.
  • Located at 45 Pearl St, in the West End, steps from downtown.
  • Three-story building, built in 1851, renovated in 2018, on a 0.08-acre lot.
  • Features original architectural details including tin ceilings, pillars, balconies, and stained glass, combined with updated kitchens, baths, central air, and a sprinkler system.
  • Currently configured as office space with two one-bedroom apartments; potential for residential conversion.
  • NNN lease type.

Property Details for 45 Pearl St

Property type
Office properties
Square Feet
7,200 SF
Class
A
Year Built/Renovated
1851/2018
Buildings
1
Stories
3
Lot Size (sq. ft)
3,485 SF
Units
3

Location Insight

City
Portsmouth
County
Rockingham
State
New Hampshire
Latitude
43.075595306052
Longitude
-70.763460020558
45 Pearl St, Portsmouth, New Hampshire

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45 Pearl St
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