48-56 Market ST Active

Portsmouth,NH 03801

$ 7700000

- Bed

- Bath

- SqFt


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

Garage 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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