37 Portsmouth Ave Exeter, NH 03833-2102
This exceptional commercial property, situated on Portsmouth Avenue in Exeter, NH, presents a lucrative investment opportunity. Boasting high visibility and traffic counts, this property offers approximately 1925 square feet of commercial office space. A significant advantage is the inclusion of a one-bedroom apartment, currently leased until June 15, 2025. The tenant pays a monthly rent of $1,400, plus electricity, providing a consistent income stream. The property sits on a 0.24-acre lot, offering ample parking for both tenants and clients. Its prominent location on Portsmouth Avenue ensures maximum exposure for your business. The building's square footage provides flexibility for a variety of commercial uses, making it an ideal investment for entrepreneurs and established businesses alike. The existing lease agreement on the apartment unit offers immediate return on investment and minimizes vacancy risk. This property is ready for immediate occupancy and offers a blend of income-generating potential and prime commercial space. The combination of high visibility, ample parking, and a stable rental income makes this a truly unique opportunity in the thriving Exeter market. Don't miss out on this chance to acquire a valuable asset in a desirable location.
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
C-1 · Exeter, NHExeter. 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.