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238 State St
Portsmouth, NH 03801
Property For Lease

Highlights

  • Prime Downtown Portsmouth Location
  • Utilities + Internet Included (Full-Service Lease)
  • Walkable Area with Strong Foot Traffic
  • High Ceilings + Gallery-Style Lighting
  • Private Kitchenette in Rear
  • Standalone Building – No Condo Fees

Property Facts

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 600 SF
Year Built/Renovated 1974/2017

About the Property

Available for purchase or lease (with option to purchase). Looking for a thoughtfully finished space to launch or grow your business? Welcome to 238 State Street — a rare opportunity to lease a standalone commercial property in one of New Hampshire’s most walkable, high-foot-traffic downtowns. This 600 SF ground-floor space is move-in ready and designed to adapt to your needs. Whether you’re a boutique retailer, grab-and-go food concept, wellness practitioner, gallery owner, or creative entrepreneur, you’ll find the charm, flexibility, and simplicity here to thrive. Lease Structure: $4.50/SF/month ($2,700/month Modified Gross) – landlord covers property taxes and insurance. Tenant pays only utilities, keeping operating costs simple and predictable. ? Highlights • 600 SF of thoughtfully finished retail space • $14,000 in custom-installed retail fixtures included • Gallery-style lighting + high ceilings for bright, open feel • Custom kitchenette in rear of space • New Mitsubishi heat pump system (efficient heating + cooling) • Full documentation of recent renovations available • Standalone property (no condo fees) • Formerly used as a pizza restaurant — gas + hookups still in place • Simple lease structure with economical utilities

  • Signage
  • Tenant Controlled HVAC
  • Listing ID: 36169514

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 238 State St, Portsmouth, NH 03801

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