145 Maplewood AvePortsmouth, NH 03801

Property Details for 145 Maplewood Ave

Year built

2020

Construction

STEEL FRAME

Lot size

0.98 AC

Property size (Sq ft)

69,457 SF

Zone code

CD5

Property type

Office properties

Property subtype

Office buildings

APN

PRSM M:0124 B:0008 L:1

APU

PRSMM0124B0008L1

Description

This exceptional Class A office building at 145 Maplewood Avenue in Portsmouth, New Hampshire, offers multiple executive office suites for lease. Located in the heart of Portsmouth's vibrant Central Business District (CBD), this four-story building boasts a total of 73,731 square feet. Flexible space options are available, ranging from a minimum of 2,786 square feet to a maximum contiguous space of 7,696 square feet, with 10,482 square feet currently vacant. The building sits on a 0.98-acre lot and features ample parking with spaces available at a monthly rate of $250 per space. Modern amenities include secure parking, convenient bike racks, and updated men's and women's shower facilities. The building is zoned CBD-5 and offers robust power capabilities, including 480/277 volts 3-phase power with transformers providing 208V power. This prime location provides easy access to downtown amenities and offers a sophisticated and functional workspace ideal for businesses seeking a prestigious address in Portsmouth's thriving commercial district. The building's blend of first-floor retail and upper-floor office space creates a dynamic and convenient environment. Take advantage of this opportunity to secure your ideal office space in this highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $11,483,317

  6.5%

  $10,599,985

  7%

  $9,842,843

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,075,252

  Geo Method

  $9,075,252

• Alternative Use

  Use

  Valuation

  Residential

  $13,143,981

  Hospitality

  $12,039,816

  Educational

  $10,016,986

  Medical

  $10,361,485

  Retail

  $15,581,978

Location Insight

City

Portsmouth

County

Rockingham

State

New Hampshire

Latitude

43.0792

Longitude

-70.7635

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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