48-56 Market Street

Portsmouth, NH 03801

$8,125,000
Price
Beds
16,009 Sq. Ft.
$508 / Sq. Ft.
16,009
Sq. Ft.
$508
per Sq. Ft.

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...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.
  1. Listed by Peter Montesanto • Duston Leddy Real Estate
  2. Listed by Adam Dean • Duston Leddy Real Estate

Property Details for 48-56 Market Street

Zoning
CD5

Location

Listing Courtesy of Duston Leddy Real Estate
Add your commute
LISTING UPDATED: 05/15/2024 05:53 PM

Property Details for 48-56 Market Street

StatusActive
MLS #1589759
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built-
Lot Size0.14 AC / 6,098 SF
CountyRockingham County

Location

Listing Courtesy of Duston Leddy Real Estate
Add your commute

Building Information for 48-56 Market Street

Stories-Residences-Year Built-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$44,341 per month

30 year fixed, 7.25% Interest

Principal and Interest

$44,341

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 48-56 Market Street

Summary
Location and General Information
  • Directions: From 95 North take exit 7 and head towards downtown on Market Street. Follow straight until the stop sign on the corner of Hanover St. Follow Market Street straight and to the right. #56 is the 3rd building on the right.
  • Town: Portsmouth
  • State/Province: NH
  • Zip Code: 03801
  • County: Rockingham
  • Geo Latitude: 43.077878
  • Geo Longitude: -70.75763
  • Tax Lot: 0032/33
  • Location:Business District: Yes
  • Location:Downtown: Yes
  • Location:Historic District: Yes
  • Location:Near Shopping: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Off Street, On Street
Taxes and HOA Information
  • Tax Book Number: 3121/3029
  • Tax Map Number: 0117
  • Parcel Number: 48marketstreetportsmouthnh03801
  • Location Information:Association Y/N: No
Property
Lot Information
  • Lot Size Acres: 0.14
  • Building Area Total: 16009.0
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • Street Number: 4856
  • Property Information:Surveyed: Unknown
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
Interior and Exterior Features
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00

Property History for 48-56 Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 48-56 Market Street

This home is within Portsmouth School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Little Harbour School
PublicK to 5

Portsmouth Middle School
Public6 to 8

Portsmouth High School
Public9 to 12

St Patrick School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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48-56 Market Street is a mixed use property for sale in Portsmouth, NH 03801. This property was listed for sale on April 2, 2024 by Duston Leddy Real Estate, it's currently listed at $8,125,000. This listing's school district is Portsmouth School District. Nearby schools include Little Harbour School, Portsmouth Middle School and Portsmouth High School. 48-56 Market Street is a 0-bed, 0-bath, 16,009 sqft mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Duston Leddy Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.