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$4,200,000 -$1,200,000 (-22.22%) Price Reduced

  • For Sale
  • Active
  • Agricultural Land
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Located in the heart of the city, this development is poised to become Portsmouth's newest mixed-use destination, featuring premier retail space and luxury condominium residences. Set in one of the city's most iconic locations, the property is within walking distance of many of Portsmouth's most sought-after attractions and amenities. Thoughtfully designed to honor Portsmouth's rich historic character while embracing contemporary architecture, the project seamlessly blends past and present. The development will feature first-floor retail and commercial space, complemented by four levels of luxury residential living above. Crowned by a one-of-a-kind penthouse, the top floor offers sweeping city views and exceptional outdoor living space, creating a truly distinctive residential experience.

Full Property Details for 266 State Street

General

  • Price: $4,200,000
  • Taxes: (2025)
  • Status: Active
  • Type: Agricultural Land
  • Source: PrimeMLS
  • MLS ID: 5075205
  • Updated: 4/13/2026
  • Added to Site: 74 day(s) ago

Location

  • County: Rockingham
  • Driving Directions: The property is the locate on the former site of the State Street Saloon. It sits on the corner of State Street and Pleasant Street.

Utilities

  • Sewer: Public

Structural Information

  • Basement Entrance: Interior
  • Basement Desc.: Other

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Frontage: Yes Road Frontage
  • Frontage Feet: 197
  • Zoning: CD4

Financial Considerations

  • Tax Year: 2025

Listed by KW Coastal and Lakes & Mountains Realty, Nathan W Dickey

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Listed by KW Coastal and Lakes & Mountains Realty, Nathan W Dickey

Listing agent

— 266 State Street —

  • Nathan W Dickey

    KW Coastal and Lakes & Mountains Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 266 State Street

School District:Portsmouth School District, Portsmouth, NH
NameGradesDistance
Little Harbour School
50 Clough Drive, Portsmouth, NH 03801
K-50.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 266 State Street Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Price Reduced
$4,200,000
-22.22%
MLS
1/29/2026
Listed
$5,400,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 266 State Street

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,809
3%
$1,199,700
—
2024
$13,413
13%
$1,199,700
63%
2023
$11,880
6%
$736,500
—
2022
$11,195
1%
$736,500
—
2021
$11,070
2%
$736,500
—
2020
$10,827
-1%
$736,500
—
2019
$10,944
111%
$736,500
125%
2018
$5,177
-57%
$326,800
-58%
2017
$12,015
—
$781,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by KW Coastal and Lakes & Mountains Realty, Nathan W Dickey

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266 State Street, Portsmouth, NH 03801 (MLS# 5075205) is a Agricultural Land property. 266 State Street is currently listed for $4,200,000 and was received on January 29, 2026. Want to learn more about 266 State Street? Do you have questions about finding other Agricultural Land real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

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