For Sale
$1,300,000

100 Griffin RdPortsmouth, NH 03801

Prime Medical Office, 4,478 SF, Portsmouth, NH

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4,478-square-foot medical office building in Portsmouth, New Hampshire, presents a compelling investment opportunity for owner-users or investors. Located at 100 Griffin Road, this Class B property boasts a prime location, offering convenient access to I-95, downtown Portsmouth, and Portsmouth Regional Hospital. The building features two units: a vacant 2,155-square-foot space and a leased 2,395-square-foot space with a lease extending to September 21, 2026. The property is zoned for professional office use and includes ample on-site parking, a significant advantage in this desirable location. The building's HVAC system utilizes forced hot air, natural gas, and central air conditioning, ensuring comfortable year-round operation. Public water and sewer services are readily available. This ground-level condo unit offers versatility and potential for expansion, making it an ideal choice for a variety of medical practices or investors seeking a strong return. The asking price is $1,300,000, translating to $290.31 per square foot. The property's features, location, and current lease status make it a highly attractive investment prospect in the thriving Portsmouth market. The APN is 0263 001 04. The building was renovated in 1988. This is a multi-tenant NNN lease property.

Highlights

  • 4,478+/- SF condo unit.
  • Two suites: 2,155+/- SF vacant suite (C-1) and 2,395+/- SF leased suite (C-2) through 2026.
  • Ground floor space with ample parking.
  • Professionally zoned.
  • Central HVAC with natural gas and FHA compliant.
  • Public water and sewer.

Property Details for 100 Griffin Rd

Property type
Office properties, Medical offices
Square Feet
4,478 SF
Class
B
Year Renovated
1988

Location Insight

City
Portsmouth
County
Rockingham
State
New Hampshire
Latitude
43.0557557
Longitude
-70.7999276
100 Griffin Rd, Portsmouth, New Hampshire

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100 Griffin Rd
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