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Restaurant Opportunity in Portsmouth
For Sale
$275,000

155 Congress Street, Portsmouth, NH 03801

Restaurant with high foot traffic and excellent visibility.

Property SizeContact for details
Days on Market106

Property Features for 155 Congress Street

General Information

Standard status Active
Property subtype Commercial
Zoning CD5

Taxes and HOA fees

Annual Taxes $35,667

Building Details

Year Built 1950
Units 1
Listing Agency: Kw Coastal And Lakes & Mountains Realty
Listed By: David Garvey
Source: Threehillsres
Added: May 11 Changed: Aug 23 Last Checked: Aug 23 at 9:47AM

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 Kw Coastal And Lakes & Mountains Realty

Investment Insights

Based on property information with market context.

Located at the corner of Congress St. and Maplewood Ave, this restaurant benefits from a strategic intersection with a traffic flow of 7000 cars per day. The location offers substantial foot traffic and nearby parking. With visibility from Maplewood Ave and an entrance on Congress St, it is suitable for both dine-in and take-out services. Situated steps from Portsmouth's waterfront, area hotels, the Portsmouth Music Hall, Prescott Park, and downtown attractions, the location is in a high barrier-to-entry market. The area has a bike score of 59, indicating it is bikeable, and a walk score of 67, meaning it is somewhat walkable. The property is intended for use as a restaurant.

Key Highlights

  • Strategic corner location at Congress St. and Maplewood Ave (7000 cars per day).
  • Excellent visibility from Maplewood Ave and entrance on Congress St.
  • High foot traffic and ample nearby parking.

Property Analytics

Current Use

Bao 155 Restaurant

Suggested Use

Top Pick Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Home Appliance Store Grocery & Convenience Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,602
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 64% Shops & Services 24% Dining 10% Home Improvements & Furnishings 3%
Hilton Garden Inn Portsmouth Downtown Hotels & Casinos
12,451 visits/mo 0.1 miles
Hampton Inn & Suites Portsmouth Hotels & Casinos
9,382 visits/mo 0.2 miles
Residence Inn Portsmouth Downtown/Waterfront Hotels & Casinos
8,761 visits/mo 0.2 miles
Sheraton Portsmouth Harborside Hotel Hotels & Casinos
8,034 visits/mo 0.3 miles
La Carreta Dining
5,807 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant with high foot traffic and excellent visibility.
Where is this conventional restaurant located?
The property is located at 155 Congress Street Portsmouth, NH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Strategic corner location at Congress St. and Maplewood Ave (7000 cars per day).; Excellent visibility from Maplewood Ave and entrance on Congress St.; High foot traffic and ample nearby parking.
More about this property
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