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    100 Griffin Rd Portsmouth, NH 03801

    For Sale
    $1,130,000

    Prime Location, Two Vacant Units

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional investment opportunity presents a 4,570+ square foot ground-level condo unit in Portsmouth, NH, ideally situated at 100 Griffin Road. The property comprises two separate vacant units, each offering substantial space: one measuring 2,155+ square feet and the other 2,395+ square feet. This versatile space is perfect for both investors seeking a strong return and owner-users looking to establish or expand their business. The building's premier location within a thriving medical office complex offers significant advantages. Ample parking is readily available, ensuring convenient access for staff and clients. The property benefits from its proximity to Portsmouth's vibrant downtown area, providing easy access to local amenities and services. Furthermore, its strategic location offers quick and convenient access to both I-95 North and South, facilitating seamless regional connectivity. The close proximity to Portsmouth Hospital further enhances its appeal to medical professionals and related businesses. This presents a rare opportunity to acquire a well-positioned, spacious, and versatile commercial property in a highly desirable location. The vacant units offer immediate occupancy and the potential for customization to suit a variety of business needs. The property's size and layout also allow for potential expansion, providing future growth opportunities for the discerning buyer. This is a truly exceptional offering in a sought-after market.

    Property Features for 100 Griffin Rd

    General Information

    Property type
    Investment properties
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Robert Walsh Hickey Allergist Michael Baker Pain Management Physician Mark Ballentyne Family Practice Physician Port City Chiropractic Chiropractor Dr. Heidi Harrington Plastic Surgeon

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Department Store Accounting Firm Skin Care Clinic Storage Facility Garden Center Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.79993
    Latitude
    43.05577

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    FAQs

    What type of property is this?
    Investment property - Prime Location, Two Vacant Units
    Where is this investment property located?
    The property is located at 100 Griffin Rd Portsmouth, NH.
    What is the asking price?
    The asking price for this property is $1,130,000.
    Request Owner's contact information
    100 Griffin Rd Portsmouth, NH 03801
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    Portsmouth, NH 03801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Griffin Rd Portsmouth, NH 03801
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