Property profile

299 Hanover St Portsmouth, NH 03801

OFF-MARKET
Office buildings
Property ID
US58-0532549
5,045 SF 0.07 ac lot Built 1999
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This downtown Portsmouth commercial space is configured as a modern open office environment within 2,000 square feet. The layout includes a large main room, a conference room, a kitchen, a tech room, two separate bathrooms, and ample storage. The space has substantial window coverage for natural light and is served by a natural gas forced hot air heating system with central air conditioning. Parking provisions include one designated parking space, with additional street parking available nearby, and a nearby parking garage offering monthly passes. The building is in a commercial zoning district that permits a range of business uses, and the interior can be configured as furnished or vacant.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction FRAME
Total area 5,045 SF
Lot 0.07 ac (3,049 SF)
Zoning code CD4-L1
APN PRSM M:0125 B:0010 L:
UPID US58-0532549

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
  • Construction Company General Contractor

Location

299 Hanover St Portsmouth, NH 03801-3919
Portsmouth metro Census 69200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.42M
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$1.33M

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

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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