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Property profile & analytics

238 Deer St Portsmouth, NH 03801

  • Turn key restaurants
  • 4,000 SF
  • 0.14 lot acres
Value Estimation
Last Sale
Oct 31, 2025
$419,933
Location Intelligence
Property ID
US58-0617330
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 238 Deer St

Year built
1951
Construction
STEEL FRAME
Lot size
0.14 lot acres
Property size
4,000 SF
Zone code
CD4
Property type
Turn key restaurants
APN
PRSM M:0125 B:0003 L:
APU
PRSMM0125B0003L

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $445,000
  • CAP approach

    CAP return
    Estimation
    6%
    $585,000
    6.5%
    $595,000
    7%
    $660,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $535,000
    Geo Method
    $600,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $680,000
    Retail
    $575,000
    Mixed-Use
    $615,000
    Hospitality
    $600,000
    Educational
    $740,000
    Residential Income
    $540,000
    Energy
    $565,000
    Income-Based Land
    $655,000
    Food Service
    $735,000

Location Insight

  • Map
  • Local Demand
City
Portsmouth
County
Rockingham
State
New Hampshire
Longitude
-70.7623
Latitude
43.0773
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,058
$631,900
$735,600
$1,367,500
-
$0.00
$0.00
$0.00
More about this property
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