First-Floor Corner Office
For Sale
$750,000
1 Cate St #1A, Portsmouth, NH 03801
Character-rich workspace with brick walls, metal beams, city views, and on-site parking.
Property Size2,420 SF
Price / SF$309.92
Days on Market48
Property Features for 1 Cate St #1A
General Information
Standard status
Active
Size
2,420 SF
Class
B
Property subtype
Office
Additional Details
Floor
first floor
Highway Access
Yes
Amenities
city views
on-site parking
Building Details
Building Size
2,420 SF
Year Built
1987
Construction
brick walls and metal beams
Listing Agency:
The Boulos Company
Listed By:
Christian Stallkamp · License #064644
(603) 828-3818
Source:
Boulos
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 28 at 7:16AM
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 The Boulos Company
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Investment Insights
Based on property information with market context.
This 2,420± SF office suite occupies a first-floor corner position at 1 Cate St #1A in Portsmouth. Brick wall accents and exposed metal beams give the interior a distinctive architectural character, while the private placement supports a quieter work setting with convenient ground-level access. On-site parking is available for occupants and visitors.
The property is approximately 5 minutes from downtown Portsmouth and 1 mile from I-95 and Route 16, providing access to the city center and regional road connections. Built in 1987, the suite combines an established commercial setting with city views and a practical office configuration.
The property is approximately 5 minutes from downtown Portsmouth and 1 mile from I-95 and Route 16, providing access to the city center and regional road connections. Built in 1987, the suite combines an established commercial setting with city views and a practical office configuration.
Key Highlights
- 2,420± SF office suite at 1 Cate St #1A, Portsmouth, NH 03801
- First‑floor corner placement with convenient access
- Brick wall details and metal beam accents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,543
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,860
$830.9K
Cap Rate 7%
$593,471
$593.5K
Cap Rate 9%
$461,589
$461.6K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$63.9K $26.40/SF
− Vacancy
−$8.5K −$3.51/SF
EGI
$55.4K $22.89/SF
− OpEx
−$13.8K −$5.72/SF
NOI
$41.5K $17.17/SF
Area
Rockingham County, NH
Vacancy
13.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,860
Cap Rate 7%
$593,471
Cap Rate 9%
$461,589
Alternative Uses
Best Use
Office B
$593.5K
$519.3K – $692.4K
NOI $41,543 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$805.7K
$705.0K – $940.0K
NOI $56,398 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Character-rich workspace with brick walls, metal beams, city views, and on-site parking.
Where is this office unit located?
The property is located at 1 Cate St #1A Portsmouth, NH.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,420± SF office suite at 1 Cate St #1A, Portsmouth, NH 03801; First‑floor corner placement with convenient access; Brick wall details and metal beam accents
