Furnished Office
For Sale
Contact for pricing
1150 Sagamore Avenue, Portsmouth, NH 03801
A self-contained workspace includes private offices, a conference room, dedicated restrooms, and a kitchenette.
Property Size3,000 SF
Price / SF$2.17
Days on Market72
Property Features for 1150 Sagamore Avenue
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Space & Availability
Condition
Turnkey
Furnished
Yes
Additional Details
Property Use
Office
Amenities
private exterior entrance
private conference room seating 10
kitchenette
dedicated men's and women's restrooms
high-speed fiber internet
12 ft ceilings
large windows
natural light
private interior entry
shared common areas
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Aug 19
Changed: Oct 28
Last Checked: Oct 28 at 4:20PM
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 Longview Commercial Real Estate
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Investment Insights
Based on property information with market context.
Suite B offers approximately 3,000 SF of furnished office space with seven private offices, a conference room designed for 10, a kitchenette, and separate men’s and women’s restrooms. Six offices have perimeter windows, while the interior office can also serve as copy, file, or storage space. The suite has 12 ft ceilings, a private exterior entrance, and an additional interior connection to the building’s shared areas.
Utilities, high-speed fiber internet, furnishings, and on-site parking are included. The suite is available on month-to-month terms, with full-service occupancy. Seacoast Professional Suites is at 1150 Sagamore Avenue in Portsmouth, with access described as minutes from downtown Portsmouth and convenient to Rye and New Castle.
The layout accommodates a team of 12 to 18 and provides dedicated meeting space alongside individual offices. An established real estate brokerage operates in the building.
Utilities, high-speed fiber internet, furnishings, and on-site parking are included. The suite is available on month-to-month terms, with full-service occupancy. Seacoast Professional Suites is at 1150 Sagamore Avenue in Portsmouth, with access described as minutes from downtown Portsmouth and convenient to Rye and New Castle.
The layout accommodates a team of 12 to 18 and provides dedicated meeting space alongside individual offices. An established real estate brokerage operates in the building.
Key Highlights
- Approximately 3,000 SF of furnished office space
- Seven private offices, including six with perimeter windows
- Conference room seats 10; team capacity stated for 12 to 18
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,500
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,000
$1.0M
Cap Rate 7%
$735,714
$735.7K
Cap Rate 9%
$572,222
$572.2K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$79.2K $26.40/SF
− Vacancy
−$10.5K −$3.51/SF
EGI
$68.7K $22.89/SF
− OpEx
−$17.2K −$5.72/SF
NOI
$51.5K $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%
$1,030,000
Cap Rate 7%
$735,714
Cap Rate 9%
$572,222
Alternative Uses
Best Use
Office B
$735.7K
$643.8K – $858.3K
NOI $51,500 @ 7.0% cap · market cap 792.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$998.8K
$873.9K – $1.17M
NOI $69,915 @ 7.0% cap · market cap 1,075.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
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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 - A self-contained workspace includes private offices, a conference room, dedicated restrooms, and a kitchenette.
Where is this office unit located?
The property is located at 1150 Sagamore Avenue Portsmouth, NH.
What are key features of this property?
This property features: Approximately 3,000 SF of furnished office space; Seven private offices, including six with perimeter windows; Conference room seats 10; team capacity stated for 12 to 18
