54 Maplewood Ave Portsmouth, NH 03801

Located in the heart of downtown Portsmouth, this property offers a remarkable space on the first floor of a luxury residential condominium currently under construction. Scheduled for white box delivery in Q4 of 2024, with building completion in Q2 2025, this is an opportunity to own prime real estate in a thriving coastal town. The space is ideally suited for a high-end restaurant, with conceptual approvals in place for restaurant(s) from approximately 2,400 to 12,000 square feet, potentially accommodating up to approximately 300 interior seats. Seasonal outdoor seating, with additional permits, allows for creating an exceptional dining experience. Owners and staff can benefit from up to four underground parking spaces. There are also ten on-street parking spaces, with an additional twelve adjacent property spaces available for valet parking after 5 pm on weekdays and throughout the weekends. A 600-space public parking garage is located just 400 feet away. The property incorporates high-efficiency electric convection and induction commercial kitchen equipment and appliances. The space can also accommodate retail, financial, consumer, or professional service uses, and the team is ready to work with you to create a customized space for your business.