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    OFF-MARKET
    Turn key restaurants

    238 Deer St, Portsmouth, NH 03801-3905

    4,000 SF 0.14 ac lot Built 1951
    Entity Owned Free & Clear
    Property ID
    US58-0617330
    Property summary
    AI-generated overview

    This exceptional 3,000+ square foot retail or office condo presents a unique investment opportunity in the vibrant heart of Portsmouth, New Hampshire. Located at the highly visible corner of Deer and Bridge Streets, this first-floor space boasts unparalleled accessibility and visibility. Its strategic position places it directly across from the new Hyatt Hotel and a short walk from the convenient Foundry parking garage, ensuring high foot traffic and easy access for customers and employees. The property's proximity to Market Square further enhances its desirability, placing it within the bustling center of Portsmouth's commercial and social activity. The building itself features 21 residential units on the upper floors, creating a built-in customer base and contributing to a lively, thriving atmosphere. This newly constructed space offers a blank canvas for a wide range of businesses, from retail shops and boutiques to professional offices and service providers. The 0.14-acre lot provides ample space for outdoor signage and potential future expansion. This is a rare chance to acquire a turnkey commercial property in one of New Hampshire's most sought-after locations. The asking price is $1,500,000. Don't miss this opportunity to establish your business in a thriving downtown environment.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1951
    Construction STEEL FRAME
    Total area 4,000 SF
    Lot 0.14 ac (6,098 SF)
    Zoning code CD4
    APN PRSM M:0125 B:0003 L:
    UPID US58-0617330
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Golden Harbor LLC
    Golden Harbor LLC
    since 2025
    Last sale
    $449,933
    1 recorded transaction
    2025
    $1.2M
    Zoning & alternative use
    CD4 · Portsmouth, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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