Analytics Center
Properties
Other investment properties
NH
Portsmouth
03801
48 Market St

Property profile

48 Market St Portsmouth, NH 03801

OFF-MARKET

Other investment properties

Property ID

US58-0605705

3,655 SF 0.03 ac lot Built 1830

Entity Owned Absentee Owner ~ Est. High Equity

Saved · see the list in your Dashboard

Constructed in the 1830s, this mixed-use property is located in Portsmouth, New Hampshire. It includes a first-floor commercial retail space with high ceilings, exposed brick walls, and original historic features, totaling more than 1,200 square feet. The property also features a small courtyard. The residential portion consists of three apartments: two 2-bedroom units and one large studio. A full basement provides approximately 660 square feet of additional storage. The site is positioned in central Portsmouth and is adjacent to the Hanover Street parking garage with additional nearby street parking, supporting multiple access points for visitors and tenants; it may also be combined with the adjacent property at 56 Market St (MLS #5025554) for acquisition together.

Property type Other investment properties

Use group OFFICE/RESIDENTIAL (MIXED USE)

Year built 1830

Construction FRAME

Total area 3,655 SF

Lot 0.03 ac (1,307 SF)

Zoning code CD5

APN PRSM M:0117 B:0032 L:

UPID US58-0605705

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

48 Market St Portsmouth, NH 03801

Portsmouth metro Census 69100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

by Request

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

by Request

since 2026

Last sale

$2.2M

1 recorded transaction

2026

$2.2M

Zoning description

Character District 5 CD5 Business Districts General Business GB To provide for a wide range of retail and commercial uses in areas with excellent regional highway access. Business B To provide for a mix of retail, commer…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$240,000

1,107 SF

205 Bartlett St

OFFICE/RESIDENTIAL (MIXED USE)

205 Bartlett St, Portsmouth, NH 03801-3601

View Details
Value Estimation
$405,000

3,006 SF

29 Congress St

OFFICE/RESIDENTIAL (MIXED USE)

29 Congress St, Portsmouth, NH 03801-4004

View Details
Value Estimation
$925,000

6,689 SF

515-517 Middle St

OFFICE/RESIDENTIAL (MIXED USE)

515-517 Middle St, Portsmouth, NH 03801

View Details
Value Estimation
$1,760,000

12,884 SF

142 State St

OFFICE/RESIDENTIAL (MIXED USE)

142 State St, Portsmouth, NH 03801-3826

View Details
Value Estimation
$260,000

1,481 SF

359 Marcy St

OFFICE/RESIDENTIAL (MIXED USE)

359 Marcy St, Portsmouth, NH 03801-5208

View Details
Value Estimation
$2,680,000

6,460 SF

105 Market St

OFFICE/RESIDENTIAL (MIXED USE)

105 Market St, Portsmouth, NH 03801-3703

View Details

Similar Nearby for Sale

New

$1,000,000

Waterfront Lot Near Downtown

Expansive waterfront lot near downtown Portsmouth with versatile potential.

98 Cornwall Street, Portsmouth, NH 03801

View Details
New

$4,200,000

4,101 SF

Renovated Mixed-Use Building

Four furnished residences and a ground-floor commercial suite occupy a historic masonry property with separate residential access.

8 Bow Street, Portsmouth, NH 03801

View Details
Contact for pricing
8,000 SF

Mixed-Use Landmark Building

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

96 State Street, Portsmouth, NH 03801

View Details
New

$1,000,000

0.16 Acres

Waterfront Mixed-Use Property

Waterfront setting with existing industrial and office improvements, public utilities, and MRB zoning.

94 Langdon Street, Portsmouth, NH 03801

View Details
New

$12,500,000

22,601 SF

Historic Downtown Office Building

CD5 zoning supports office, commercial, and mixed-use applications.

40 Congress Street, Portsmouth, NH 03801

View Details
New

$1,000,000

0.41 Acres

Waterfront Mixed-Use Property

Waterfront property with existing industrial and office buildings, direct water access, and flexible commercial or residential possibilities.

98 Cornwall Street, Portsmouth, NH 03801

View Details

Similar Nearby for Lease

New

Contact for pricing

Coworking Space with Private Offices

Flexible office setting with shared kitchen, conference room, furnished options, and on-site parking.

3 Riverlake Street, Alton, NH 03801

View Details
New

Contact for pricing

Waterfront Mixed-Use Property

Downtown commercial space with river views, structured parking, and access to Portsmouth’s business, dining, and cultural district.

One Harbour Place, Portsmouth, NH 03801

View Details
Contact for pricing

Downtown Portsmouth Office Space Available

Office spaces for lease in downtown Portsmouth, accessible by elevator.

10 Vaughan Mall, Portsmouth, NH 03801

View Details
New

Contact for pricing

Third-Floor Walk-Up Office Suite

Third-floor walk-up office suite with kitchenette area, plus parking and utilities/common-area cleaning included.

159 Middle Street, Portsmouth, NH 03801

View Details
New

Contact for pricing

Flex Space with Office Buildout

Leasable workspace combines finished offices, collaborative areas, storage, and expansion capacity under a NNN structure.

500 Maplewood Avenue, Portsmouth, NH 03801

View Details
New

$1,100/Mo

Turn-Key Office Suite

Turn-key office unit with two separate offices, kitchenette, full bath, and large entry area.

102-2 Greenleaf Woods Dr, Portsmouth, NH 03801

View Details