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    FOR LEASE
    Office buildings

    159 Middle St, Portsmouth, NH 03801

    4,363 SF 0.31 ac lot Built 1813
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US58-0541374
    Property summary
    AI-generated overview

    This exceptional 5,000 square foot single-person professional office space is nestled in the heart of historic downtown Portsmouth, New Hampshire. Located on the third floor of a charming building on Middle Street, this unique office offers unparalleled convenience and accessibility. The space itself is a compact, single room office, perfect for a solo practitioner or small business. A significant advantage is the inclusion of all utilities in the monthly rent of $700. The office also boasts a private kitchenette and bathroom, directly accessible from the main workspace, ensuring both comfort and privacy. Security is a priority, with a secure front door locked 24/7. Parking is provided in the rear of the building, Monday through Friday, offering a valuable amenity in a bustling downtown area. The building's location allows for easy access to Portsmouth's vibrant downtown scene, with its numerous shops, banks, and restaurants all within walking distance. Furthermore, prominent street signage on Middle Street provides excellent visibility for your business. This is a rare opportunity to secure a well-appointed, conveniently located, and historically significant office space in the desirable Portsmouth, NH market. The property is available immediately.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1813
    Construction FRAME
    Total area 4,363 SF
    Lot 0.31 ac (13,504 SF)
    Zoning code CD4-L1
    APN PRSM M:0127 B:0004 L:
    UPID US58-0541374
    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
    • Mintleaf Marketing Advertising Agency Marketing & Advertising
    • Upton & Hatfield, LLP Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.23M
    Comparable Approach Comparable
    $1.21M
    Blend (final) Blend
    $1.21M
    Owner & transaction history
    ASRT LLC
    ASRT LLC
    Zoning & alternative use
    CD4-L1 · Portsmouth, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.0M +47.4%
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    More about this property
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