409 The HillPortsmouth, NH 03801MLS Number 5035852

  • Sale Price: $5,190,000
  • 118 Days Since Sale
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  • 1809Year Built
  • 5,136Square Feet

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Listed by Sean Bakhtiari of Compass New England,LLC

Listing Sold by The Aland Realty Group
Own a premier, turnkey boutique hotel in the heart of downtown Portsmouth, NH. The Inn Downtown is a beautifully restored, 10-unit apart-hotel offering a seamless blend of classic New England charm and modern, urban living. Steps from Market Square and the city's best dining, shopping, and waterfront attractions, this stylish retreat is a proven performer in one of New England's most desirable and dynamic markets. Originally a historic multi-family built in 1809, the building was thoughtfully reimagined into a thriving boutique hotel, designed to accommodate nightly, short-term, and long-term stays. Each of the 10 unique units includes a full kitchen or kitchenette and private bath, with tasteful, timeless finishes and furnishings that create a warm and inviting atmosphere for guests. There are 4 Deluxe King Studio Apartments (400~ sqft) on the 1st floor, 4 Superior King Studio Apartments (500~ sqft) on the 2nd floor, and 2 Penthouse King Studio Apartments (600~ sqft) on the 3rd floor. The Inn Downtown has seen consistent occupancy and strong revenue, with rave guest reviews and a loyal following - inquire for historical income & expense reports. With walkability to every major downtown amenity, a short drive to the beaches, and easy access to Boston and Portland, this is not just a turnkey investment-it's a lifestyle with upside.

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Tax Information

  • Tax Year2024

Building

  • Year Built1809
  • NumberOfUnitsInCommunity10
  • Square Feet5,136
  • BasementStorage Space, Interior Access, Exterior Access

Property

  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaNH-Rockingham

Legal

  • Taxes$28,658
  • OtherStructuresEquipment, Land/Building/Business, Furnishings
  • ZoningCD4-L1

Basic Information

  • StatusSLD
  • Modification Date08/18/2025
  • TypeBusiness, Hospitality, Investment, Multi-Family
  • List Price$5,350,000
  • Broker NameCompass New England, LLC
  • Listing Agent NameSean Bakhtiari
  • Lister Office NameCompass New England, LLC
  • Seller Office NameThe Aland Realty Group
  • Selling Agent NameTiffany Semprini
  • MLS Number5035852
  • MLS StatusClosed

Location

  • Building Number409
  • StreetThe Hill
  • TownPortsmouth
  • StateNH
  • Zip03801
  • CountyRockingham
  • Map118
  • Address409 The Hill

Utilities

  • Heating CoolingForced Air, Mini Split

Amenities

  • PricePerSqFt1010.51

Other

  • Date Listed04/11/2025
  • View Count46
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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