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Listed by Peter Montesanto • Duston Leddy Real Estate • Phone: 617-448-0072
$ 6,900,000
Est. payment /mo
Price Dropped by $800K
48-56 Market ST Portsmouth, NH 03801
UPDATED:
12/19/2024 08:46 PM
Key Details
Property Type Commercial
Sub Type Development,Hospitality,Investment,Multi-Family,Office,Opportunity,Other,Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4995814
Annual Tax Amount $48,455
Tax Year 2023
Property Description
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.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning CD5
Rooms
Basement Entrance Interior
Basement Concrete Floor, Stairs - Interior, Storage Space
Interior
Inclusions Building Only
Exterior
Parking Features On-Site, On Street, Parking Spaces 5 - 10, Paved
Garage Description On-Site, On Street, Parking Spaces 5 - 10, Paved
Utilities Available Cable, Gas - On-Site, Multi Phone Lines
Roof Type Membrane,Shingle
Building
Sewer Public
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