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$1,990,000
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Property Description
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.
Full Property Details
Full Property Details for 150 Spaulding Turnpike
General
- Sold For: $1,990,000
- Taxes: $21,038 (2023)
- Status: Closed
- Type: Commercial Investment
- Source: PrimeMLS
- MLS ID: 4988952
- Added to Site: 694 day(s) ago
Parking
- Parking: Parking Spaces 11 - 20
Location
- County: Rockingham
Heating & Cooling
- Heating Fuel: Gas - LP/Bottle
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Walk-up
- Basement Desc.: Concrete, Slab
- Roof: Membrane, Shingle - Asphalt
- Square Feet: 6,292
- Finished Total: 6,292 Sq. Ft.
- Year Built: 1970
Unit Information
- Units in Building: 7
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 27,007
- Frontage: Yes Road Frontage
- Frontage Feet: 360
- Zoning: Business
Financial Considerations
- Price Per Sq. Ft.: $316.27
- Assessment Year: 2023
- Assessment Amount: $1,304,300
- Tax Amount: $21,038
- Tax Year: 2023
Listed by Tate & Foss Sotheby's International Rlty, Brett Mulvey
Sold by Red Post Realty, Todd Hudson
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Schools
Schools serving 150 Spaulding Turnpike
School District:Portsmouth School District, Portsmouth, NH
| Name | Grades | Distance |
|---|---|---|
New Franklin School 1 Franklin Avenue, Portsmouth, NH 03801 | K-5 | 0.5 mi |
Portsmouth Middle School, Portsmouth, NH 155 Parrott Avenue, Portsmouth, NH 03801 | 7-8 | 1.4 mi |
Portsmouth High School, Portsmouth, NH 50 Andrew Jarvis Drive, Portsmouth, NH 03801 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 Spaulding Turnpike
Date
Details
Price
Change
Source
7/01/2024
Sold
$1,990,000
-8.51%
MLS
3/22/2024
Listed
$2,175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
150 Spaulding Turnpike, Portsmouth, NH 03801 (MLS# 4988952) is a Commercial Investment property that was sold at $1,990,000 on July 01, 2024. Want to learn more about 150 Spaulding Turnpike? Do you have questions about finding other Commercial Investment real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

