48 Market Street Portsmouth, NH $ 2,400,000
48 Market Street
$ 2,400,000
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48 Market Street

Portsmouth, NH, 03801
$ 2,400,000
Bedrooms-- Baths-- Sq 5,575

Monthly Estimate*

$ 14,973

Listed by Peter Montesanto, Duston Leddy Real Estate, 617-448-0072, peter@dustonleddycommercial.com
48 Market Street, Portsmouth, NH 03801 - Image 1
48 Market Street, Portsmouth, NH 03801 - Image 2
48 Market Street, Portsmouth, NH 03801 - Image 3
48 Market Street, Portsmouth, NH 03801 - Image 4
48 Market Street, Portsmouth, NH 03801 - Image 5

Commercial Property for sale in Portsmouth, NH

for $2,400,000. This 5,575 square foot building was built in 1830.

Welcome to a historic gem nestled in the heart of Portsmouth! This distinguished property offers a blend of rich history, prime location, with 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 1830's, the building features a first floor commercial retail space with high ceilings, small courtyard, exposed brick walls, and original features. The residential aspect includes three apartments, comprising two spacious 2-bedroom units and a large studio. On the commercial side, 48 Market St offers over 1,200 sqft of total space, providing ample opportunities for various ventures, appealing to entrepreneurs and investors alike. A full basement adds 660 sqft of storage. 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. Adjacent 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. This can also be combined with 56 Market St MLS# 5025554 for a single purchase price of $6,900,000.

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Commercial Contingent

Price

$ 2,400,000

Property Type

Commercial

Taxes

$ 0

Style

Business,Development,Hospitality,Investment,Multi

Year Built

1830

Town/City

Portsmouth

County/Region

Rockingham

MLS | Web ID

5025555

Features
Interior
Basement Description Unfinished
Basement Yes
Total Number of Units 4
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General
Road Frontage Yes
Sewer Public
Utilities Cable at Site Gas On-Site Multi Phone Lines Telephone at Site
current use No
Zoning CD5
Year Built 1830
Tax Rate 11.18
Business Type Business Development Hospitality Investment Multi-Family Office Opportunity Retail
Building Number 48
Assessment Amount 1562300
Tax Year 2024
Status Detail 1
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 b
City Portsmouth
DOM 65
Price Per Sq Ft Total AG 430.49
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Exterior
Lot Features In Town Near Shopping City Lot Level Sidewalks Street Lights
Water Source Public
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* Excluded Features
List By
Peter Montesanto

Listing Agent

Duston Leddy Real Estate

Broker

(617) 448-0072

Phone

peter@dustonleddycommercial.com

Email

Affordability Calculator

$14,973
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2025$2,400,000 Listed Price

Map


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48 Market Street, Portsmouth, NH, 03801 is a Commercial Property for sale at $2,400,000 with 5,575 sqft. 48 Market Street was built in 1830. The property's zip code is 03801 which is in Portsmouth, NH