48 Market StreetPortsmouth, NH 03801MLS Number 5025555

  • Price: $2,400,000
  • 16 Days on Market
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Federal 30-year interest rate: 7.04% last updated on Jan 16, 2025
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Active with Contract
48 Market Street Portsmouth NH 0380148 Market Street Portsmouth NH 0380148 Market Street Portsmouth NH 0380148 Market Street Portsmouth NH 0380148 Market Street Portsmouth NH 03801
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  • 1830Year Built
  • 5,575Square Feet

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Listed by Peter Montesanto of Duston Leddy Real Estate (Phone: 617-448-0072)
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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Tax Information

  • Tax Year2024

Building

  • Year Built1830
  • NumberOfUnitsInCommunity4
  • Square Feet5,575
  • Available Sqft4,363
  • BasementUnfinished

Amenities

  • PricePerSqFt430.49

Legal

  • Taxes$17,466
  • OtherStructuresLand/Building
  • ZoningCD5

Basic Information

  • StatusActive With Contract
  • Modification Date01/16/2025
  • TypeBusiness, Development, Hospitality, Investment, Multi-Family, Office, Opportunity, Retail
  • List Price$2,400,000
  • Broker NameDuston Leddy Real Estate
  • Listing Agent NamePeter Montesanto
  • Lister Office NameDuston Leddy Real Estate
  • MLS Number5025555
  • MLS StatusActive Under Contract

Location

  • Building Number48
  • StreetMarket Street
  • TownPortsmouth
  • StateNH
  • Zip03801
  • CountyRockingham
  • Map117
  • Address48 Market Street

Property

  • Property TypeCommercial Sale
  • AreaNH-Rockingham
  • Road Frontage25

Other

  • Date Listed01/02/2025
  • View Count5
The Hamptons Real Estate Main Office

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The Hamptons Real Estate Main Office
Office: (603) 926-1400
25 Lafayette Rd
Hampton Falls , NH 03844
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