48-56 Market Street
Portsmouth, NH, 03801 $ 7,700,000
Baths0.0 Sq 16,009 Monthly Estimate*
$ 51,177
Listed by Peter Montesanto, Duston Leddy Real Estate, 617-448-0072, peter@dustonleddycommercial.com
Studio
for $7,700,000. This building is 16,009 square feet.
Welcome to a historic gem nestled in the heart of Portsmouth! Presenting the former home of the Portsmouth Brewery, an esteemed icon of the city's landscape, this distinguished property offers a blend of rich history, prime location, and versatile commercial and residential spaces, making it an unparalleled investment opportunity. The property, located in Portsmouth, New Hampshire, boasts a mixed Commercial/Residential property. Constructed in the 1800's, the buildings feature a massive first floor with soaring ceilings, exposed brick walls, and original features. The residential aspect includes five apartments, comprising three spacious 2-bedroom units and two 1-bedroom units, with a penthouse unit above the Brewery boasting 14 ft ceilings. On the commercial side, two separate buildings offer over 9,000 sqft of total space, providing ample opportunities for various ventures, including retail, dining, or entertainment establishments, appealing to entrepreneurs and investors alike. The location is a highlight, situated in the vibrant heart of Portsmouth, surrounded by a bustling community and thriving businesses, with convenient access to amenities, transportation, and cultural attractions. Dedicated parking with 4-6 spots is available, alongside proximity to the Hanover St parking garage and additional street parking for patrons. Don't miss this rare opportunity to own a piece of Portsmouth's history and invest in its future.
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Commercial ActiveDevelopment,Hospitality,Investment,Multi-Family,Of
FeaturesInteriorBasement Description Concrete Floor Stairs - Interior Storage Space
Basement Yes
Total Number of Units 6
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GeneralRoad Frontage Yes
Sewer Public
Utilities Cable Gas - On-Site Multi Phone Lines
Roof Membrane Shingle
Parking On-Site On Street Parking Spaces 5 - 10 Paved
Zoning CD5
Status Active
Electric 200 Amp
Tax Year 2023
Area NH-Rockingham
Price Per Sq Ft Total 480.98
Tax Gross Amount 48455
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* Excluded FeaturesList ByPeter MontesantoListing Agent
Duston Leddy Real EstateBroker
peter@dustonleddycommercial.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $51,177
- Monthly Property Taxes
- $4,038
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Portsmouth, NH
Average List Price $2,243,563
Percent of Sale Price 71%
About Portsmouth, NH 21,424 Population
3% Since 2002
$ 73,929 Median Income
42.32 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
6/5/2024 | $7,700,000 | -5.23% | Price Down |
5/15/2024 | $8,125,000 | | Listed Price |