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Investment Highlights

  • signaled intersection.

Property Facts

Total Building Size 92,500 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 5
Typical Floor Size 18,500 SF
Year Built 2025
Lot Size 0.52 AC
Zoning CD5 - Central District

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • On-Site Retail
  • Walk-Up
  • Smoke Detector

1 Unit Available

Unit 1

Unit Size 9,330 SF
Condo Use Retail
Sale Type Investment or Owner User
Description

In the heart of downtown Portsmouth, this remarkable space is on the first floor of the highly anticipated 16 unit luxury residential condominium, now under construction. With a scheduled white box delivery in Q4 of 2024 and building completion in Q2 2025, this is a rare opportunity to own a piece of prime real estate in this thriving coastal town.

What sets this opportunity apart is its ideal suitability for a high-end restaurant. With Conceptual approvals in place for a restaurant(s) from +3,000 SF up to +13,000 SF that could potentially accommodate up to a +300 interior seat restaurant. Seasonal outdoor seating (with additional permits) opens up possibilities for creating an exceptional dining experience.

Owners and staff can enjoy the convenience of up to four underground parking spaces, ensuring easy access. Additionally, there are ten on-street parking spaces, with the added bonus of twelve adjacent property spaces available for valet parking after 5 pm on weekdays and throughout the weekends. For guests arriving by car, a 600-space public parking garage is just 400 feet away, further enhancing the accessibility.

Environmental consciousness meets culinary excellence with the incorporation of high-efficiency electric convection and induction commercial kitchen equipment and appliances, setting your restaurant apart as a sustainable and innovative choice.

Whether designed and constructed to accommodate a restaurant, retail, financial, consumer or professional service use, our team is ready to work with you to create a completely customized space for your business.

Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
  • Listing ID: 31764074

  • Date on Market: 5/10/2024

  • Last Updated:

  • Address: 70 Maplewood Ave, Portsmouth, NH 03801

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