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Mixed-Use Development in Portsmouth
For Sale
$4,200,000

266 State St, Portsmouth, NH 03801

Mixed-use development with retail and luxury residences in Portsmouth.

Days on Market99

Property Features for 266 State St

General Information

Standard status Active
Property subtype Commercial
Listing Agency: keller williams coastal realty
Listed By: Nathan W Dickey
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 4 at 6:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of keller williams coastal realty

Investment Insights

Based on property information with market context.

This mixed-use development is located in the heart of the city and is intended to become a destination featuring retail space and luxury condominium residences. The property is set in one of the city’s iconic locations and is within walking distance of attractions and amenities. The design honors the city’s historic character while embracing contemporary architecture. The development will feature first-floor retail and commercial space, complemented by four levels of luxury residential living above. The top floor, crowned by a penthouse, offers city views and outdoor living space. The bike score is 56, indicating it is bikeable, and the walk score is 82, indicating it is very walkable.

Key Highlights

  • Prime location in the heart of the city, within walking distance of attractions and amenities.
  • Luxury condominium residences in a mixed‑use development.
  • Sweeping city views from the top‑floor penthouse with exceptional outdoor living space.**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,846
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 64% Shops & Services 24% Dining 10% Home Improvements & Furnishings 3%
Hilton Garden Inn Portsmouth Downtown Hotels & Casinos
12,451 visits/mo 0.4 miles
Hampton Inn & Suites Portsmouth Hotels & Casinos
9,382 visits/mo 0.4 miles
Residence Inn Portsmouth Downtown/Waterfront Hotels & Casinos
8,761 visits/mo 0.4 miles
Sheraton Portsmouth Harborside Hotel Hotels & Casinos
8,034 visits/mo 0.5 miles
La Carreta Dining
5,807 visits/mo 0.3 miles

Demographics for 03801, NH

22,767
Population
11,448
Households
2
Avg Household Size
43
Median Age
63%
College-Educated
98%
High-School Grad
23.8 sq mi
ZIP Area
957
Density / Sq Mi
$106,520
Median Household Income
$65,984
Median Earnings
$1,783
Median Rent
$647,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use development with retail and luxury residences in Portsmouth.
Where is this mixed-use property located?
The property is located at 266 State St Portsmouth, NH.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Prime location in the heart of the city, within walking distance of attractions and amenities.; Luxury condominium residences in a mixed‑use development.; Sweeping city views from the top‑floor penthouse with exceptional outdoor living space.**
More about this property
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