150 Spaulding Turnpike Portsmouth, NH $ 2,175,000
150 Spaulding Turnpike
$ 2,175,000
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150 Spaulding Turnpike

Portsmouth, NH, 03801
$ 2,175,000
Baths0.0 Sq 6,292

Monthly Estimate*

$ 14,456

Listed by Brett Mulvey, Tate & Foss Sotheby's International Rlty, 603-964-8028, bmulvey@tateandfoss.com
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Studio

Commercial Property for sale in Portsmouth, NH

for $2,175,000. This 6,292 square foot building was built in 1970 on a lot size of 0.62.

This mixed-use property includes a package of 3 separate buildings on 2 lots ideally located along one of the most visible and trafficked parcels in the Seacoast. The unequalled visibility will attract customers on an artery with over 52,000 cars per day. 150 Spaulding Turnpike is set back from Route 16 and features additional frontage along Farm Lane. Currently configured as one commercial space, this building was previously 2 commercial spaces. 150 Spaulding Turnpike is accessible via ample dedicated parking, several entrances and includes a commercial garage door with high clearances perfect for sending and receiving larger items. 155 and 157 Farm Lane have been completely renovated within the past 3 years. 157 Farm is currently set up as mixed-use, containing a commercial tenant on the first level and two, one-bedroom residential units on the second. 155 Farm has two, two-bedroom units. The residential units have over 10 dedicated parking spaces w/additional parking in the front for commercial tenants. This property package offers a future owner many options. The location of the property within a quarter mile of the Portsmouth traffic circle provides immediate access to Portsmouth and Dover with quick access to Boston, Portland, and Manchester. Pease Tradeport and The Crossings at Fox Run are both within a mile. Ideal for future commercial redevelopment or continue utilizing as an income property with a mix of income streams. Act quickly.

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Commercial Contingent

Price

$ 2,175,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,038

Style

Business,Investment,Multi-Family,Office,Retail

Lot Size

0.62

Year Built

1970

Town/City

Portsmouth

County/Region

Rockingham

MLS | Web ID

4988952

Features
Interior
Basement Description Concrete Slab
Basement Yes
Heating Fuel Gas - LP/Bottle
Total Number of Units 7
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General
Road Frontage Yes
Sewer Public
Utilities Cable
Roof Membrane Shingle - Asphalt
Parking Parking Spaces 11 - 20
Zoning Business
Status Under Contract
Year Built 1970
Net Income 102399
Assessment Amount 1304300
Tax Year 2023
Area NH-Rockingham
Price Per Sq Ft Total 345.68
Tax Gross Amount 21038
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Exterior
Lot Size Area 0.62
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* Excluded Features
List By
Brett Mulvey

Listing Agent

Tate & Foss Sotheby's International Rlty

Broker

(603) 964-8028

Phone

bmulvey@tateandfoss.com

Email

Affordability Calculator

$16,209
Per Month
89%
11%
0%
Monthly Principal & Interest
$14,456
Monthly Property Taxes
$1,753
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2024$2,175,000 Listed Price

Map


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150 Spaulding Turnpike, Portsmouth, NH, 03801 is a Commercial Property for sale at $2,175,000 with 6,292 sqft and a lot size of 0.62. 150 Spaulding Turnpike is a studio with 0.0 baths and was built in 1970. The property's zip code is 03801 which is in Portsmouth, NH