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    OFF-MARKET
    Investment properties

    45 Pearl St, Portsmouth, NH 03801-3946

    3,240 SF 0.08 ac lot Built 1851
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US58-0545675
    Property summary
    AI-generated overview

    This exceptional executive office space, located at 45 Pearl Street in Portsmouth, NH, offers a unique blend of historic charm and modern functionality. Originally constructed in 1851, this former church building has undergone a complete renovation in 2018, preserving its architectural character while incorporating contemporary amenities. The single-tenant, 3,900 square foot space is housed within a two-story building and features a spacious open-concept office floor ideal for collaborative work environments. A dedicated executive office area is situated on a mezzanine level, providing a private and secluded workspace. The property boasts a large, updated kitchen, perfect for staff gatherings or informal meetings, and multiple bathrooms for convenience. A welcoming lobby area creates a professional first impression for clients and visitors. The absence of elevators is offset by the manageable two-story layout. This property presents a rare opportunity to lease a distinctive and well-appointed office space in a highly desirable location. The building's rich history and modern upgrades combine to create an inspiring and productive work environment. This is an exceptional opportunity for a business seeking a unique and prestigious address in the heart of Portsmouth. The property is available for lease immediately.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1851
    Construction FRAME
    Total area 3,240 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code CD4-L1
    APN PRSM M:0126 B:0030 L:
    UPID US58-0545675
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • MIG EXPRESS Freight Service Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Zjbv Properties LLC · 4 yrs held
    Zjbv Properties LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    CD4-L1 · Portsmouth, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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