330 Borthwick AvePortsmouth, NH 03801

  • Office properties
  • 1,199 SF
For Sale
$349,000 View listing

Property Details for 330 Borthwick Ave

Year built
1986
Construction
FRAME
Property size (Sq ft)
1,199 SF
Zone code
OR
Property type
Office properties
Property subtype
Other office properties
APN
PRSM M:0240 B:0002 L:205A
APU
PRSMM0240B0002L205A

Description

The Jackson Gray Building, located at 330 Borthwick Ave, Portsmouth, NH 03801, offers exceptional medical office space for lease. This three-story building, constructed in 1986, boasts a total of 55,200 square feet, with 4,726 square feet currently available. The building is zoned for Office/Research use, providing flexibility for various medical practices. Three individual suites are immediately available, ranging from 1,140 to 1,817 square feet, offering diverse options to suit different practice needs. The building's prime location directly across from Portsmouth Regional Hospital ensures high visibility and convenient access for patients. Ample on-site parking is available for both tenants and their clients. The Jackson Gray Building enjoys excellent access to major transportation arteries, including US Route One and I-95, enhancing accessibility for staff and patients. This location within Portsmouth, NH, benefits from a strong and highly regarded healthcare system, providing a supportive environment for medical practices. The building's multiple tenancy structure offers a vibrant and collaborative atmosphere. This is a rare opportunity to secure high-quality medical office space in a desirable location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $198,231
    6.5%
    $182,982
    7%
    $169,912
  • Comparable approach

    Method
    Valuation
    Relative Method
    $156,661
    Geo Method
    $156,661
  • Alternative Use

    Use
    Valuation
    Residential
    $226,898
    Hospitality
    $207,837
    Educational
    $172,918
    Medical
    $178,865
    Retail
    $268,984
330 Borthwick Ave, Portsmouth, New Hampshire
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Location Insight

City
Portsmouth
County
Rockingham
State
New Hampshire
Latitude
43.0647
Longitude
-70.786
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,420
-
$274,000
$274,000
-
-
-
-

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