282 Corporate DrivePortsmouth, NH 03801MLS Number 4924584

  • Price: $1,275,000
  • 302 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
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Active with Contract
282 Corporate Drive Portsmouth NH 03801282 Corporate Drive Portsmouth NH 03801282 Corporate Drive Portsmouth NH 03801282 Corporate Drive Portsmouth NH 03801
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  • 1950Year Built
  • 15,207Square Feet

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Listed by Kent White and Caitlin Burke of The Boulos Company
This 15,207± SF freestanding, professional office building is located in Portsmouth's Pease International Tradeport, New Hampshire's premier business park. Less than an hour from downtown Boston and easily accessible from Exit 3 of I-95, the property has over 100 dedicated parking spaces. The Tradeport is currently owned by the Pease Development Authority (PDA), a state agency charged with developing economic activity through long-term leasing. The offering is for a buyer to purchase the seller's remaining building lease term with the PDA, allowing the Buyer to seek an extension of the current lease by as much as 74 years. This would give the new owner additional lease term to help facilitate future renovations or expansion and financing.

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Basic Information

  • StatusActive With Contract
  • Modification Date03/31/2023
  • TypeOffice
  • List Price$1,275,000
  • Broker NameThe Boulos Company
  • Listing Agent NameKent White
  • Lister Office NameThe Boulos Company
  • MLS Number4924584
  • MLS StatusActive Under Contract

Location

  • Building Number282
  • StreetCorporate Drive
  • TownPortsmouth
  • StateNH
  • Zip03801
  • CountyRockingham
  • Map315

Legal

  • Taxes$32,546
  • Price/SF$83.84
  • OtherStructuresOther
  • ZoningABC

Building

  • Year Built1950
  • Square Feet15,207
  • Available Sqft15,207
  • Garage Spaces

Property

  • Property TypeCommercial Sale

Exterior

  • ExteriorBrick

Other

  • View Count56
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Office: (603) 926-1400
25 Lafayette Rd
Hampton Falls , NH 03844
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