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    300 Highpoint Ave Portsmouth, RI 02871

    For Lease
    $11 SF/Yr

    Versatile Office/Warehouse in Portsmouth

    Lot size:
    37,128 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    300 High Point offers a unique blend of office and warehouse space, ideal for businesses seeking a flexible and efficient workspace. Located within the prestigious Portsmouth Business Park, this multi-tenant property boasts a total of 37,128 square feet. The building features a variety of office spaces currently available, ranging from 290 square feet to 2,032 square feet, providing options to suit businesses of all sizes. The second-floor office spaces are bright and airy, benefiting from abundant natural light. A significant advantage is the all-inclusive utility package, simplifying operational costs and allowing tenants to focus on their core business activities. Ample on-site parking is provided, ensuring convenient access for employees and clients. The property's classification includes Traditional Office, Warehouse, and Distribution space, making it suitable for a wide range of commercial uses. This prime location within the Portsmouth Business Park offers unparalleled accessibility and a professional business environment. The building's multi-tenant structure fosters a collaborative atmosphere, while the diverse space options cater to various business needs. This is an exceptional opportunity to secure a well-located and versatile commercial property in a thriving business park. Contact us today to learn more about the available spaces and schedule a viewing.

    Property Features for 300 Highpoint Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,128 SF
    Total Rate
    34343.4

    Unit(s) available at that property

    Space
    Office 2
    Size
    290 SF
    Rate per SF
    $22
    Space
    Office 1
    Size
    460 SF
    Rate per SF
    $17
    Space
    Office 3
    Size
    630 SF
    Rate per SF
    $17
    Space
    Garage
    Size
    2,032 SF
    Rate per SF
    $11

    HighLights

    • 37,128 square foot office and industrial building with multiple tenants.
    • Four office spaces available, ranging from 290 to 2,032 square feet.
    • Located in the Portsmouth Business Park.
    • All‑inclusive utility package.
    • Ample on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vulcan Catalytic Systems Industrial Equipment Supplier Global BSI Boat Accessories Supplier Northeast Manufacturing Inc Electronic Parts Supplier Megan Lawson, LMT Massage Therapist Embrace Benefits Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.257807846856
    Latitude
    41.598267233343

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - Versatile Office/Warehouse in Portsmouth
    Where is this distribution property located?
    The property is located at 300 Highpoint Ave Portsmouth, RI.
    What is the lease rate?
    The lease rate is $11-$22 SF/Yr.
    What are key features of this property?
    This property features: 37,128 square foot office and industrial building with multiple tenants.; Four office spaces available, ranging from 290 to 2,032 square feet.; Located in the Portsmouth Business Park.
    Request Owner's contact information
    300 Highpoint Ave Portsmouth, RI 02871
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    Portsmouth, RI 02871
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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
    300 Highpoint Ave Portsmouth, RI 02871
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