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Restaurant Space with Outdoor Dining
For Lease
$19 SF/Yr

1-22 Market Sq, Portsmouth, NH 03801

Former bank building in Market Square configured for restaurant use with indoor seating and an outdoor dining area.

Space SizeContact for details
Days on Market110

Property Features for 1-22 Market Sq

General Information

Standard status Active

Restaurant

Seating Capacity 165
Patio Yes

Additional Details

Space Use Restaurant
Listing Agency: Compass New England, LLC
Listed By: Robert Marchewka
Source: Exprealty
Added: May 13 Changed: Aug 29 Last Checked: Aug 29 at 2:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass New England, LLC

Investment Insights

Based on property information with market context.

Restaurant space at 1-22 Market Sq in downtown Portsmouth, occupying a former bank building in Market Square. The property has a restaurant configuration with seating for 165 and an outdoor dining area.

The building previously operated as an Irish pub, providing an established restaurant-use context within a recognizable downtown setting. Its Market Square address places the space in a central Portsmouth location.

Key Highlights

  • 165 seats plus outdoor dining
  • Former bank building in Market Square
  • Previously operated as an Irish pub

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Butcher Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,602
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 64% Shops & Services 24% Dining 10% Home Improvements & Furnishings 3%
Hilton Garden Inn Portsmouth Downtown Hotels & Casinos
12,451 visits/mo 0.1 miles
Hampton Inn & Suites Portsmouth Hotels & Casinos
9,382 visits/mo 0.2 miles
Residence Inn Portsmouth Downtown/Waterfront Hotels & Casinos
8,761 visits/mo 0.2 miles
Sheraton Portsmouth Harborside Hotel Hotels & Casinos
8,034 visits/mo 0.3 miles
La Carreta Dining
5,807 visits/mo 0.1 miles

Demographics for 03801, NH

22,767
Population
11,448
Households
2
Avg Household Size
43
Median Age
63%
College-Educated
98%
High-School Grad
23.8 sq mi
ZIP Area
957
Density / Sq Mi
$106,520
Median Household Income
$65,984
Median Earnings
$1,783
Median Rent
$647,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former bank building in Market Square configured for restaurant use with indoor seating and an outdoor dining area.
Where is this conventional restaurant located?
The property is located at 1-22 Market Sq Portsmouth, NH.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 165 seats plus outdoor dining; Former bank building in Market Square; Previously operated as an Irish pub
More about this property
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