238 State St - Storefront FOR SALE


Portsmouth, NH 03801- Downtown Portsmouth
$485,000 USD
609-276-7489
238 State St, Portsmouth, NH for Sale
$485,000 USD
Storefront - FOR SALE
1/13
null | Request Cap Rate

238 State St
Portsmouth, NH 03801
Downtown Portsmouth


HIGHLIGHTS

  • Standalone property with no condo fees — rare in downtown Portsmouth
  • Prime walkable location near Strawberry Banke & State/Pleasant St revitalization
  • Turnkey, flexible use: retail, wellness, grab-and-go food, gallery, or creative office
  • Own instead of lease — rare downtown Portsmouth opportunity under $500K
  • High visibility + steady local and tourist foot traffic
  • Beautifully renovated space with $14K in fixtures included

OVERVIEW

Rare Downtown Portsmouth Ownership Opportunity — Standalone, Turnkey, and FSBO Opportunities like this don’t come along often in Portsmouth’s historic downtown. Own a 600 SF standalone commercial property just steps from Strawberry Banke and the revitalizing State/Pleasant Street corridor — without the headaches of condo fees or shared ownership. This property is move-in ready and designed for flexibility, making it perfect for: • A boutique retailer or gallery owner ready to capture foot traffic • A wellness practitioner or creative entrepreneur wanting a signature space • A savvy 1031 exchange buyer seeking a hard-to-find boutique asset with predictable costs Property Highlights: • $14,000 in custom retail fixtures already in place • Gallery-style lighting & soaring ceilings that showcase your brand • Custom kitchenette + hookups for food use (previously a pizza restaurant) • Energy-efficient Mitsubishi heat pump system (approx. 5 yrs old) • Full documentation of recent renovations available Why This Property Stands Out: • No condo fees — one of the very few standalone commercial properties in Portsmouth • Lower annual operating costs (taxes ~$5,500/yr, insurance ~$1,000/yr) • Prime location drawing both local regulars and steady tourist traffic • Flexible zoning: retail, wellness, grab-and-go food, gallery, or creative office ? Offered directly by owner (FSBO) for a streamlined, responsive process.

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$808 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

600 SF

ZONING

CD4

APN/PARCEL ID

PRSM-000107-000069

ASK ABOUT THIS PROPERTY

Nicole SnowTriple Four LLCMore Info
609-276-7489

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Nicole SnowTriple Four LLCMore Info
609-276-7489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.