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Listed by Peter Montesanto • Duston Leddy Real Estate • Phone: 617-448-0072
$ 2,400,000
Est. payment /mo
Under Contract
48 Market ST Portsmouth, NH 03801
4,363 SqFt
UPDATED:
01/16/2025 10:50 PM
Key Details
Property Type Commercial
Sub Type Business,Development,Hospitality,Investment,Multi-Family,Office,Opportunity,Retail
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,363 sqft
Price per Sqft $550
MLS Listing ID 5025555
Year Built 1830
Annual Tax Amount $17,466
Tax Year 2024
Property Description
Welcome to a historic gem nestled in the heart of Portsmouth! This distinguished property offers a blend of rich history, prime location, with 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 1830's, the building features a first floor commercial retail space with high ceilings, small courtyard, exposed brick walls, and original features. The residential aspect includes three apartments, comprising two spacious 2-bedroom units and a large studio. On the commercial side, 48 Market St offers over 1,200 sqft of total space, providing ample opportunities for various ventures, appealing to entrepreneurs and investors alike. A full basement adds 660 sqft of storage. 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. Adjacent 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. This can also be combined with 56 Market St MLS# 5025554 for a single purchase price of $6,900,000.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning CD5
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Inclusions Land/Building
Exterior
Utilities Available Cable - At Site, Gas - On-Site, Multi Phone Lines, Telephone At Site
Building
Sewer Public
