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1 Cate St Portsmouth, NH 03801
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1 Cate St Portsmouth, NH 03801


  • Office properties & Spaces
  • 3,400 SF
1 Cate St , Portsmouth, NH For Lease
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1 Cate St , Portsmouth, NH

Office space available for lease in Portsmouth, New Hampshire.

1 Cate St, Portsmouth, NH 03801
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Property ID
US58-0531851
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Michelle Smith / Physician
  • FedEx Drop Box / Postal Service / Courier Service
  • Patricia Vorkink / Physician / Medical Clinic
  • Deidre Emerson / Practitioner Service Location / Marriage Or Relationship Counselor

Property Details for 1 Cate St

Year built
1987
Construction
STEEL FRAME
Property size
3,400 SF
Zone code
CD4-W
Property type
Office properties & Spaces
APN
PRSM M:0163 B:0035 L:1
APU
PRSMM0163B0035L1

Description

This exceptional 2,898-square-foot creative office condominium is available for sale or lease. Located on the fourth floor of a five-story building at 1 Cate Street in Portsmouth, New Hampshire's vibrant West End, this single-tenant space boasts a wealth of character and modern functionality. Originally part of the Eldredge Brewery, the unit retains charming brick walls and a dramatic entryway staircase, complemented by abundant natural light. The layout includes one to two spacious conference rooms, three to four private offices, a reception area, and an open cubicle space currently configured for thirteen workstations. The 1860 building features one elevator. Locked, dry storage is conveniently located in the basement. This prime location offers easy access to amenities in the West End, less than 2.5 miles from I-95 and Route 1, and approximately one mile from downtown Portsmouth. The property is zoned CD4-W. The building consists of a single structure with a total of 2,898 square feet, all of which is currently vacant. This unique opportunity combines historic charm with modern office functionality in a highly desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,040,000
    6.5%
    $960,000
    7%
    $890,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $609,000
    Market price range: $296k - $949k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,040,000
    Current use
    AUTO REPAIR, GARAGE
    $895,000
    Change: -14% Conversion: Difficult

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Portsmouth
County
Rockingham
State
New Hampshire
Longitude
-70.7741
Latitude
43.0704
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
$8,701
$0.00
$539,400
$539,400
-
$0.00
$0.00
$0.00
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