45 Pearl StPortsmouth, NH 03801

Property Details for 45 Pearl St

Year built

1851

Construction

FRAME

Lot size

0.08 AC

Property size (Sq ft)

3,240 SF

Zone code

CD4-L1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

PRSM M:0126 B:0030 L:

APU

PRSMM0126B0030L

Description

This exceptional executive office space, located at 45 Pearl Street in Portsmouth, NH, offers a unique blend of historic charm and modern functionality. Originally constructed in 1851, this former church building has undergone a complete renovation in 2018, preserving its architectural character while incorporating contemporary amenities. The single-tenant, 3,900 square foot space is housed within a two-story building and features a spacious open-concept office floor ideal for collaborative work environments. A dedicated executive office area is situated on a mezzanine level, providing a private and secluded workspace. The property boasts a large, updated kitchen, perfect for staff gatherings or informal meetings, and multiple bathrooms for convenience. A welcoming lobby area creates a professional first impression for clients and visitors. The absence of elevators is offset by the manageable two-story layout. This property presents a rare opportunity to lease a distinctive and well-appointed office space in a highly desirable location. The building's rich history and modern upgrades combine to create an inspiring and productive work environment. This is an exceptional opportunity for a business seeking a unique and prestigious address in the heart of Portsmouth. The property is available for lease immediately.

• CAP approach

  CAP return

  Valuation

  6%

  $535,669

  6.5%

  $494,464

  7%

  $459,145

• Comparable approach

  Method

  Valuation

  Relative Method

  $423,338

  Geo Method

  $423,338

• Alternative Use

  Use

  Valuation

  Residential

  $613,135

  Hospitality

  $561,628

  Educational

  $467,268

  Medical

  $483,338

  Retail

  $726,861

Location Insight

City

Portsmouth

County

Rockingham

State

New Hampshire

Latitude

43.0756

Longitude

-70.7632

CBSA code

14460

CBSA name

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

Property Tax & Assessments

FAQs

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