Property profile

159 Middle St Portsmouth, NH 03801

FOR LEASE
Office buildings
Property ID
US58-0541374
4,363 SF 0.31 ac lot Built 1813
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Law Firm

Location

159 Middle St Portsmouth, NH 03801
Portsmouth metro Census 69100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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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

Zoning & alternative use

CD4-L1 · Portsmouth, NH
Zoning description

CD4-L1, CD4-L2, CD4-W, CD4 This façade type is not permitted in the Downtown Overlay District. Article 5A Character-Based Zoning As Amended Through April 6, 2026 5A-24 FIGURE 10.5A43.10 FAÇADE TYPES (CONTINUED) Building…

General category MIXED_USE
Top alternative use upside
Commercial (general) $2.0M +47.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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