275 Portsmouth Ave Stratham, NH 03885
For Sale
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This exceptional 117,000-square-foot flex space presents a unique redevelopment opportunity. Situated on a sprawling 90-acre lot in Stratham, New Hampshire, this three-story Class B building, constructed in 1987 and renovated in 2024, offers immense potential. Originally a community college, the property boasts a flexible layout adaptable to various uses. The building features multiple office suites ranging from three to eight plus rooms, each with common areas, and individual rooms sized from 700 to 5,000 square feet. A kitchen unit is also available. The high ceilings, measuring 22 feet, add to the versatility. Ample parking is provided for 450+ vehicles. The property's strategic location on Route 33 offers easy access to Interstate 95 (Exit 3, 5-10 minute drive) and Route 101 in Exeter (5-10 minute drive). This prime location in the Seacoast region of New Hampshire presents a compelling investment opportunity for developers and businesses seeking a large, adaptable space with significant redevelopment potential. The seller is open to creative solutions and welcomes all inquiries. The property is available for sale or lease, with flex spaces available starting at 1,000 square feet and going up to 6,500+ square feet.
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Panda transport llc Training Center Vocational School
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BioGreen360 Waste Management Facility Hazardous Waste Disposal
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
FLEX/M · Stratham, NHStratham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.