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    163 Deer St Portsmouth, NH 03801

    For Lease
    $1.00 SF/Yr

    Downtown Portsmouth retail space with drive-thru, available Spring 2025.

    Property size:
    4,500 SF
    Lot size:
    0.42 Acres

    Property Features for 163 Deer St

    General Information

    Size
    4,500 SF
    Lot size
    0.42 Acres

    Source: William & Reeves LLC Agent Deane Navaroli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Bank with Drive-Thru

    This former retail bank, featuring a rare drive-thru and ATM foyer, is located in downtown Portsmouth, offering convenient access to NH Route 1 and Interstate 95. The property is adjacent to the new 70 Maplewood Development and a new hotel, and it's less than 400 feet from the Foundry Place Garage. The 4,500-square-foot space includes a teller line, break room, conference rooms, offices, and workstations. It offers potential for plug-and-play occupancy, with furniture and safes available upon request. Zoned CD5, the property allows for numerous other mixed-use purposes. Available for sale or lease in the Spring of 2025, the +/- 0.42-acre lot also presents prime development potential, with schematic design plans available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eastern Bank Bank 163 Deer St ... Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.7630269
    Latitude
    43.0772569

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    FAQs

    What type of property is this?
    Bank - Downtown Portsmouth retail space with drive-thru, available Spring 2025.
    Where is this bank located?
    The property is located at 163 Deer St Portsmouth, NH.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Rare drive-thru and ATM foyer in downtown Portsmouth; - Prime downtown location with easy access to major routes (NH Route 1 and Interstate 95); - Adjacent to new 70 Maplewood Development and new hotel
    (603) 315-0808
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    163 Deer St 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
    163 Deer St Portsmouth, NH 03801
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