437 Portsmouth Ave

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437 Portsmouth Ave

Greenland, NH 03840
Asking Price
Contact for price
Asset Type
Restaurant Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Two-unit condominium building located in Greenland, New Hampshire.
  • Property is currently maintained at one hundred percent occupancy.
  • Mixed-use asset featuring restaurant and commercial service capability.
  • Situated along the primary Portsmouth Avenue transit corridor.
  • Stable investment opportunity within a growing Seacoast market.

What's Special

Greenland maintains a strategic position within the Seacoast region of New Hampshire, serving as a primary corridor for commuters and local residents traveling toward Portsmouth. This mixed-use property at 437 Portsmouth Ave occupies a high-visibility location along a well-traveled route, benefiting from consistent area traffic patterns and proximity to established regional commerce. The site serves as a functional asset for investors looking for exposure to the local retail and restaurant sector. Featuring a two-unit condominium structure, the building is currently fully occupied. The configuration allows for diverse operational possibilities within the restaurant and commercial service segments. Prospective buyers will find this an efficient addition to a portfolio seeking stability through existing lease agreements in a suburban market that balances professional activity with retail convenience.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times