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$ 5,300,000
Est. payment | /mo
12,780 SqFt
$ 5,300,000
Est. payment | /mo
12,780 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,780 sqft
Price per Sqft $414
MLS Listing ID 73386304
HOA Y/N false
Year Built 1850
Annual Tax Amount $25,579
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Exceptional mixed-use investment opportunity in the heart of downtown Portsmouth. Anchored by a well-established restaurant tenant under a long-term lease with annual increases and completed capital improvements. The second floor includes two approved residential units totaling approximately. 2,600 SF—both unfinished and ideal for luxury rental or condo conversion. The basement, formerly used as a sports lounge, offers strong potential for retail, studio, or private club use. Located in the Downtown Overlay District and eligible for vertical expansion up to 55 feet, offering significant future redevelopment potential. Prime location surrounded by boutique hotels, fine dining, and public parking in New Hampshire's most vibrant and walkable downtown.
Location
State NH
County Rockingham
Zoning CD1
Direction Use GPS
Exterior
Utilities Available Public Water
Roof Type Asphalt/Composition Shingles
Others
Senior Community false
Listed by Edward Perez