48-56 Market Street Street, Portsmouth, NH 03801 (MLS# 1589759)

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48-56 Market Street Street, Portsmouth, NH 03801

$7,700,000
Property Type: Commercial Square Footage: 16,009 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $7,700,000 List Date: 5/15/2024 Last Modified: 10/12/2024

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.

Supplements: ********

More Information MLS# 1589759

Location Information

Street #: 48-56 Street Name: Market Street Street Type: Street County: Rockingham Town: Portsmouth State/Province: NH Zip Code: 03801 Leased Land: No Book: 3121/3029 Page: 0444/2018 Map: 0117 Lot: 0032/33 Zoning: CD5 Association Y/N: No Geo Lat: 43.077878 Geo Lon: -70.75763

Contract Information

Status: Active Original List Price: 8125000 List Price: $7,700,000 Current Price: $7,700,000

Property Information

Primary Use: Mixed Use Surveyed: Unknown SqFt Finished Total: 16009 Lot Size Acres +/-: 0.14

Property Features

Location: Business District; Downtown; Historic District; Near Shopping Property Uses: Bar/Tavern/Lounge; Commercial Parking: 5 - 10 Spaces; Off Street; On Street; Parking Garage
Listing Office: Duston Leddy Real Estate
Last Updated: October - 12 - 2024
48-56 Market Street Street, Portsmouth, NH 03801- MLS# 1589759
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