110 Chapel StPortsmouth, NH 03801

  • Mixed-use properties
  • 3,088 SF
For Lease
$30/SF/YR View listing

Property Details for 110 Chapel St

Year built
1800
Construction
FRAME
Lot size
0.17 AC
Property size (Sq ft)
3,088 SF
Zone code
CD4
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
PRSM M:0106 B:0003 L:
APU
PRSMM0106B0003L

Description

This stunning 4,928 square foot, 2.5-story New England Colonial office building at 110 Chapel Street in Portsmouth, New Hampshire, presents a unique investment opportunity. Built in 1800 and recently remodeled, the property boasts a full kitchen and private offices, ideal for a variety of businesses. The building is zoned CD4 and situated in Rockingham County, offering easy access to local amenities and transportation. The single building comprises a total of 4,928 square feet, currently configured for multiple tenants. One space of 3,080 square feet is immediately available. The property's classic New England charm is complemented by modern updates, creating a sophisticated and functional workspace. Its location in the vibrant city of Portsmouth provides excellent visibility and accessibility. The property's historical significance adds to its appeal, offering a unique and prestigious address. This is a rare opportunity to acquire a well-maintained, historically significant office building in a highly desirable location. The property's size and layout offer flexibility for various business needs, making it an attractive option for both established companies and startups. The recent renovations ensure modern functionality while preserving the building's historical character. This is a truly exceptional property with significant potential. The zip code is 03801.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $510,539
    6.5%
    $471,266
    7%
    $437,605
  • Comparable approach

    Method
    Valuation
    Relative Method
    $403,478
    Geo Method
    $403,478
  • Alternative Use

    Use
    Valuation
    Residential
    $584,370
    Hospitality
    $535,280
    Educational
    $445,347
    Medical
    $460,663
    Retail
    $692,762
110 Chapel St, Portsmouth, New Hampshire

Location Insight

City
Portsmouth
County
Rockingham
State
New Hampshire
Latitude
43.0783
Longitude
-70.7557
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,016
$680,000
$560,900
$1,240,900
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-
-
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