Northeast Credit Union Portsmouth home for sale before moving to Dover

Cushman & Wakefield Commercial Property has included the 100 Borthwick Ave. building, marking the first time the property has been for sale. The two-story, 47,745-square-foot building was built in 1974 and renovated right in 2020.

“Northeast Credit Union has outgrown this building and is expanding and moving to Education Way in Dover,” Cushman & Wakefield says of the property in a listing. “This is a rare opportunity to acquire property along Borthwick Avenue and join tenants such as Portsmouth Hospital, Liberty Mutual, Highliner Foods and numerous medical users.”

How could the buyer use the Northeast Credit Union building in Portsmouth?

The office building’s listing is marketed as a “redevelopment opportunity” on the Cushman & Wakefield listing. Acceptable uses for the building permitted by the City of Portsmouth in the zoning district include a post-secondary school, a hospital, a hotel or motel with more than 125 rooms, a museum, a municipal park, a professional office space, a publishing facility. or similar electronics manufacturing operations and wireless telecommunications facilities, among others.