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$7,700,000
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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.
Full Property Details
Full Property Details for 48-56 Market Street St
General
- Price: $7,700,000
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1589759
- Updated: 9/16/2024
- Added to Site: 169 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Commercial
Parking
- Parking Features: 5 - 10 Spaces, Off Street, On Street
Location
- County: Rockingham
Structural Information
- Building Size: 16009
- Square Feet: 16,009
- Living Area: 16,009 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Zoning: CD5
- Lot Description: Downtown, Business District, Historic District, Near Shopping
Disclosures and Reports
- Lot Number: 0032/33
Listed by Duston Leddy Real Estate (603) 610-8285
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Schools
Schools serving 48-56 Market Street St
Rating | Name | Grades | Distance |
---|---|---|---|
50 Clough Dr, Portsmouth, NH 03801 | PK-5 | 0.8 mi | |
1 Franklin Dr, Portsmouth, NH 03801 | PK-5 | 1 mi | |
32 Van Buren Ave, Portsmouth, NH 03801 | PK-5 | 2.8 mi | |
155 Parrott Ave, Portsmouth, NH 03801 | 6-8 | 0.3 mi | |
501 Washington Rd, Rye, NH 03870 | 6-8 | 4.4 mi | |
29 Academy Ave, Hampton, NH 03842 | 6-8 | 10.3 mi | |
50 Andrew Jarvis Dr, Portsmouth, NH 03801 | 9-12 | 1.3 mi | |
Robert J. Lister Academy
35 Sherburne Rd, Portsmouth, NH 03801 | 9-12 | 2.5 mi | |
25 Alumni Dr, Dover, NH 03820 | 9-12 | 9.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48-56 Market Street St
Date
Details
Price
Change
Source
6/05/2024
Price Reduced
$7,700,000
-5.23%
MLS
5/15/2024
Listed
$8,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48-56 Market Street St
48-56 Market Street Street, Portsmouth, NH 03801 (MLS# 1589759) is a Commercial property. 48-56 Market Street Street is currently listed for $7,700,000 and was received on May 15, 2024. Want to learn more about 48-56 Market Street Street? Do you have questions about finding other Commercial real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.