159 Middle StPortsmouth, NH 03801

Property Details for 159 Middle St

Year built

1813

Construction

FRAME

Lot size

0.31 AC

Property size (Sq ft)

4,363 SF

Zone code

CD4-L1

Property type

Office properties

Property subtype

Office buildings

APN

PRSM M:0127 B:0004 L:

APU

PRSMM0127B0004L

Description

This exceptional 5,000 square foot single-person professional office space is nestled in the heart of historic downtown Portsmouth, New Hampshire. Located on the third floor of a charming building on Middle Street, this unique office offers unparalleled convenience and accessibility. The space itself is a compact, single room office, perfect for a solo practitioner or small business. A significant advantage is the inclusion of all utilities in the monthly rent of $700. The office also boasts a private kitchenette and bathroom, directly accessible from the main workspace, ensuring both comfort and privacy. Security is a priority, with a secure front door locked 24/7. Parking is provided in the rear of the building, Monday through Friday, offering a valuable amenity in a bustling downtown area. The building's location allows for easy access to Portsmouth's vibrant downtown scene, with its numerous shops, banks, and restaurants all within walking distance. Furthermore, prominent street signage on Middle Street provides excellent visibility for your business. This is a rare opportunity to secure a well-appointed, conveniently located, and historically significant office space in the desirable Portsmouth, NH market. The property is available immediately.

• CAP approach

  CAP return

  Valuation

  6%

  $721,334

  6.5%

  $665,847

  7%

  $618,286

• Comparable approach

  Method

  Valuation

  Relative Method

  $570,070

  Geo Method

  $570,070

• Alternative Use

  Use

  Valuation

  Residential

  $825,650

  Hospitality

  $756,291

  Educational

  $629,225

  Medical

  $650,865

  Retail

  $978,795

Location Insight

City

Portsmouth

County

Rockingham

State

New Hampshire

Latitude

43.0734

Longitude

-70.7608

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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