Price Reduction
Address
48-56 Market St, Portsmouth, NH
Price
$ 7,700,000
Property Attributes
  • MLS#73238653
  • TypeCommercial
  • CountyROCKINGHAM
  • CityPortsmouth
  • Zip03801
  • Style
  • Year Built1830
  • Taxes$ 48455
  • Price$ 7,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16009
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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-bed units and two 1-bed 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.

Price History
5/15/2024 Listed $8,125,000
6/5/2024 6% - $7,700,000

General Features

Utilities Public Water,Public Sewer,Natural Gas Available
Zoning CD5
Year Built 1830
Tax Year 2023
County Rockingham
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions 95 North take exit 7 and head towards downtown on Market Street. Follow straight until #56 on right.
City Portsmouth
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Units Acres
Lot Size Square Feet 0.14
Waterfront Y/N No
Tax Annual Amount 48455
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Tax Lot 32/33

Exterior Features

Total Parking 6
Building Area Total 16009

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 03801

Price
AVG $2.15M
$7.7M
Taxes
AVG $15,450
$48,455
Visits
AVG 161
185
Data Provided by Inside Real Estate®
Year Built
AVG 1918
1830

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