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Class A Office Condominium
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18 Congress Street, Portsmouth, NH 03801

Leased office condominium in a mixed-use building with elevator service and dedicated structured parking.

Property Size2,424 SF
Price / SF$804.46
Days on Market174

Property Features for 18 Congress Street

General Information

Standard status Active
Size 2,424 SF
Class Class A
Total Parking Spaces 1
Elevators Yes
Property subtype OFFICE
Net Operating Income $127,308

Additional Details

Floor 2
Cap Rate 6.5%

Amenities

professional lobby

Building Details

Year Built 2006
Buildings 1
Tenancy Single
Owner Occupied No
Listing Agency: CORE
Listed By: Andre Rossignol
Source: Moodyscre
Added: Mar 11 Changed: Aug 29 Last Checked: Aug 29 at 1:03PM

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 CORE

Investment Insights

Based on property information with market context.

Suite 207 is a 2,424-square-foot office condominium on the second floor of a mixed-use building completed in 2006. The Class A property includes elevator access, a professional lobby, and one deeded garage parking space. Building operations are managed by the condominium association.

The suite is occupied by O’Brien Energy Resources Corporation under a 10-year Absolute Net lease beginning in April 2026. Contractual rent escalations are set at 3% annually through 2034, and the lease carries a 6.5% cap rate. The property is located at 18 Congress Street in downtown Portsmouth’s Market Square, within walking distance of more than 100 restaurants and retailers as well as the waterfront.

Key Highlights

  • 2,424 SF second‑floor office condominium in Suite 207
  • Class A mixed‑use building developed in 2006
  • 10‑year Absolute Net lease with 3% annual escalations through 2034

Property Analytics

Current Use

Vigilant Wealth Management Financial Advisor music tech syndicate Recording Studio O'Brien Energy Resources ... Oil And Gas Exploration Service Seacoast Thoroughbreds of New ... Kennel & Boarding Facility Ascentage Law, PLLC Law Firm

Suggested Use

Top Pick Locksmith Auto Parts Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,602
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Leased office condominium in a mixed-use building with elevator service and dedicated structured parking.
Where is this office units located?
The property is located at 18 Congress Street Portsmouth, NH.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 2,424 SF second‑floor office condominium in Suite 207; Class A mixed‑use building developed in 2006; 10‑year Absolute Net lease with 3% annual escalations through 2034
(207) 484-8258 Call to check price and availability
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