Listed by Peter Montesanto with Duston Leddy Real Estate Phone: 617-448-0072

Active

48-56 Market Street

Portsmouth NH, 03801

$7,700,000


$480.98 per sqft

Active

6 Baths

16,009 sqft

Commercial

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.

4995814

MLS ID

May 15, 2024

Listed

August 23, 2024

Updated

Map

48-56 Market Street
Portsmouth NH, 03801

Interior Features

Total Bathrooms

6


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Roof

Membrane, Shingle


Sewer

Public

Other Property Details

Area Name

NH-Rockingham


Taxes

$48,455


Tax Frequency

Annually


Days on Market

65


Garage

No


Parking

On-Site, On Street, Parking Spaces 5 - 10, Paved


View

No


Pool

No

Listing History

Date

Event

Price

6/5/2024

Price change

$7,700,000

-6%

Listed by Peter Montesanto with Duston Leddy Real Estate Phone: 617-448-0072

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