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Mixed-Use Landmark Building
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96 State Street, Portsmouth, NH 03801

A four-floor building with a basement and restaurant lower levels plus a top-floor three-bedroom apartment.

Property Size8,000 SF
Days on Market122

Property Features for 96 State Street

General Information

Standard status Active
Size 8,000 SF
Property subtype Retail, Mixed Use

Additional Details

Multifamily Units 1

Building Details

Stories 4
Tenancy Multi
Listing Agency: KW Commercial
Listed By: Arthur Pappas · License #ME BR915096
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 9:33AM

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 KW Commercial

Investment Insights

Based on property information with market context.

This mixed-use property is configured as two units spanning four floors, with the basement and first two levels operated as a restaurant under a long-term NNN lease. The top floor features a large three-bedroom apartment. The building has undergone major renovation within the last two decades, while retaining historic character elements described as exposed brick, extra-wide plank wood flooring, and rustic hand-hewn wooden beams.

The property is located at 96 State Street in Portsmouth, NH 03801 and is described as standing prominently on a busy downtown corner.

Showings are by appointment beginning October 11, and a signed NDA is required before documents are shared or showings are scheduled. The seller notes that CDC guidelines are still being followed, including mask requirements for all attendees.

Key Highlights

  • Approximately 8,000+ SF, four‑floor building with a basement and restaurant lower levels plus a top‑floor 3‑bedroom apartment
  • 2‑unit layout spanning 4 floors
  • Basement and first two levels operate as a restaurant with a long‑term NNN lease in place

Property Analytics

Current Use

Domo Japanese Restaurant Restaurant

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Auto Parts 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.

Lease Details

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,422
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A four-floor building with a basement and restaurant lower levels plus a top-floor three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 96 State Street Portsmouth, NH.
What are key features of this property?
This property features: Approximately 8,000+ SF, four‑floor building with a basement and restaurant lower levels plus a top‑floor 3‑bedroom apartment; 2‑unit layout spanning 4 floors; Basement and first two levels operate as a restaurant with a long‑term NNN lease in place
More about this property
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