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    Property profile & analytics
    OFF-MARKET Estimated value $975,000
    Showrooms

    1 Park Ave, Portsmouth, RI 02871-4325

    10,337 SF 0.93 ac lot Built 1974
    Individually Owned 23-yr Hold ~ Est. High Equity
    Property ID
    US76-0158159
    Property summary
    AI-generated overview

    This exceptional 1,600 square foot office suite presents a fantastic leasing opportunity in a highly desirable Portsmouth, RI location. Situated on the second floor of a professionally maintained building at the corner of East Main Road and Park Avenue, this single-tenant space boasts a convenient layout adaptable to various business needs. The southeastern corner exposure provides abundant natural light and stunning water views, creating a bright and inspiring work environment. The property is easily accessible, conveniently located just off Route 24, ensuring seamless commutes for employees and clients. The building itself is meticulously maintained, offering a professional and welcoming atmosphere. This traditional office space is also well-suited for executive office use or even coworking arrangements, providing flexibility for a range of business models. The layout is efficient and functional, ready for immediate occupancy. Don't miss this chance to secure a premier office space in a thriving Portsmouth location. The property offers a unique blend of convenience, aesthetics, and functionality, making it an ideal choice for businesses seeking a high-quality workspace. The ample natural light and water views create a positive and productive atmosphere. The strategic location near Route 24 ensures easy access for employees and clients alike. This is a truly exceptional opportunity to establish your business in a prime Portsmouth location.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1974
    Construction FRAME
    Total area 10,337 SF
    Lot 0.93 ac (40,471 SF)
    Zoning code C
    APN PORT M:024 B:0064
    UPID US76-0158159
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • National Autism Association Association / Organization
    • Travers Plumbing & Heating Inc Plumbing Service General Contractor
    • New England Energy Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.29M
    Blend (final) Blend
    $975k
    Owner & transaction history
    Gary Travers · 23 yrs held
    Gary Travers
    since 2002
    4 recorded transactions
    2025
    2010
    2010
    2002
    $225,000
    Zoning & alternative use
    C · Portsmouth, RI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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