Individually Owned Property summary
A mixed-use building in a downtown area, designed with a substantial building footprint and multiple revenue-generating uses. The second-floor area is described as capable of being approved for residential use and may be permitted for up to two units, with the second-floor residential space presented as unfinished and suitable for development into residential configurations such as rentals, owner occupancy, or condominium-style conversions, subject to applicable approvals and permitting. The property is positioned within a walkable downtown environment near retail and hospitality amenities, galleries, and public parking, and is also stated to be near major regional institutions.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Financial Advisor
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(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Character District 5 CD5 Business Districts General Business GB To provide for a wide range of retail and commercial uses in areas with excellent regional highway access. Business B To provide for a mix of retail, commer…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CD5 · Portsmouth, NHCharacter District 5 CD5 Business Districts General Business GB To provide for a wide range of retail and commercial uses in areas with excellent regional highway access. Business B To provide for a mix of retail, commer…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Character District 5 CD5 Business Districts General Business GB To provide for a wide range of retail and commercial uses in areas with excellent regional highway access. Business B To provide for a mix of retail, commer…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CD5 in Portsmouth, NH.
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