West End Commercial Building

Office for Sale
Catylist Listing ID: 30875358
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 7,500 SF
Gross Land Area: 0.52 Acres
Sale Price: See Agent
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 8/20/2024

Overview / Comments

Rare availability of a prime 7,500± SF commercial building with 3 office/retail spaces, located in Portsmouth’s vibrant West End; potential for investors or owner-users.

Part of the former Morley Button Factory, featuring mill-style exposed brick and beams, hardwood floors, large windows, and high ceilings.

Unit 1 is home to the well known New Hampshire Theater Project, a cultural gem that brings theatrical arts to the community; this tenant has a yearly lease, but will be transitioning to a month-to-month lease.

Unit 2 is home to Bill Truslow Photography, a premier photography studio; this tenant has a month-to-month lease.

Unit 3 is home to Port One Architects, a respected architectural firm with a strong area presence; this tenant has a month-to-month lease.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $12,934 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Submarket/Township: Portsmouth
Taxing Authority: City of Portsmouth
Tax ID/APN: 0172/ 0006/ 0000/ /
Zoning: CD4-W
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1880
Construction/Siding: Brick
Exterior Description: Solar installed in 2014 and consists of separate system for each unit. Net metering plan on all.
Parking Type: Surface
Parking Description: There are 25 spaces with 2 additional spaces that are shared with PMAC.
Total Parking Spaces: 25
Heat Type: Natural Gas
Heat Source: Wall Units
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,273 31,260 40,496
Median Age: 40.42 41.81 42.59
Households: 4,698 14,718 18,458

Contact

Photograph of Listing Agent

David F. Choate, III

Colliers International NECPE Member
Photograph of Listing Agent

Abigail K. Bachman

Colliers International NECPE Member
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