118 Maplewood Ave Portsmouth, NH 03801
- Office Properties & Spaces
- 1,486 SF
Current Use by Public Records
- Schopick David J MD / Psychiatrist / Doctor
- Money Law Offices PLLC / Attorney
- Colleen M. Cook, Ph.D. / Psychologist
- Sara Lauren Psychologist / Nurse Practitioner
- Marissa Knowles, LICSW, PLLC / Psychotherapist
Property Details for 118 Maplewood Ave
- Year built
- 1990
- Construction
- FRAME
- Property size
- 1,486 SF
- Zone code
- CD4-L1
- Property type
- Office Properties & Spaces
- APN
- PRSM M:0124 B:0005 L:A1
- APU
- PRSMM0124B0005LA1
Description
This exceptional commercial office condominium unit, located at 118 Maplewood Avenue Unit 5 in Portsmouth, New Hampshire, presents a unique opportunity for businesses seeking a prestigious and convenient location. Situated within The Captain John Moses Condominium Association, this property enjoys immediate adjacency to the picturesque North Mill Pond and is within easy walking distance of Portsmouth's vibrant Central Business District and the scenic Piscataqua Riverfront. The unit itself comprises two generously sized rooms, ideally suited for office and conference space, ensuring ample room for a variety of business needs. A full bathroom adds to the unit's functionality and convenience. Two dedicated on-site parking spaces are included, eliminating the hassle of finding parking in a bustling downtown area. Undergoing significant renovations in 2024, this property is in excellent condition and ready for immediate occupancy. The combination of its prime location, modern amenities, and recent renovations makes this office condominium an attractive investment for discerning businesses seeking a thriving and desirable work environment in the heart of Portsmouth. This is a rare opportunity to acquire a well-appointed office space in a highly sought-after location. The unit is available now.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $345,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $275,000
- Mixed-Use
- $325,000
- Hospitality
- $275,000
- Educational
- $350,000
- Residential Income
- $265,000
- Energy
- $295,000
- Income-Based Land
- $295,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -70.764
- Latitude
- 43.0788
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
