Property summary
This exceptional 2,470 square foot office suite is available for lease at 127 Parrott Ave, Portsmouth, NH 03801. Located on the second floor of a professionally managed building, this space offers breathtaking views of Portsmouth's scenic South Mill Pond and City Hall. The suite boasts an open office area with ample space for up to sixteen employees, configured with existing cubicles. A large conference room is also included, ideal for meetings and presentations. Built in 1952 and extensively renovated in 2013, the building features an attractive entrance and well-maintained common areas filled with natural light. Full ADA accessibility is ensured through interior and exterior accommodations, including elevator service. Convenient shared restrooms and a kitchen maximize the usable space within each suite. Ten dedicated parking spaces are provided, supplemented by visitor parking and readily available free on-street parking. The building is zoned MRO and situated in Rockingham County. This single-tenant space is part of a larger building totaling 23,166 square feet. The building is home to established professional firms, creating a prestigious and collaborative environment. This is a rare opportunity to secure a highly desirable waterfront office space in the heart of Portsmouth.
Property profile
VerifiedCap rate & NOI
Current use
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Engineering Consultant
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Social Service Agency Charitable Organization
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Bakery Specialty Food Shop
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General Contractor
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Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Mixed Residential Office MRO To provide areas where a limited range of business establishments, including live/work units, can be located near or adjacent to residential development, providing a transition between reside…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MRO · Portsmouth, NHMixed Residential Office MRO To provide areas where a limited range of business establishments, including live/work units, can be located near or adjacent to residential development, providing a transition between reside…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Mixed Residential Office MRO To provide areas where a limited range of business establishments, including live/work units, can be located near or adjacent to residential development, providing a transition between reside…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MRO in Portsmouth, NH.
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