48-56 Market Street Portsmouth, NH
$7,700,000
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.
Listed by Duston Leddy Real Estate, Peter Montesanto & Adam Dean 617-448-0072
Details
MLS 4995814
Price $7,700,000
Status Active
DOM 244 days
Type Commercial
Taxes Paid $48,455
Lot & Building Features
Utilities Cable, Multi Phone Lines, Gas - On-Site
Parking Description On Street, Paved, Parking Spaces 5 - 10, On-Site
Sewer Public
Tax Year 2023
Taxes Paid $48,455
Water Public
Basement Description Concrete Floor, Storage Space, Stairs - Interior
Lot Description City Lot, Street Lights, Sidewalks, Level
Roof Membrane, Shingle
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.