56 Market St Portsmouth, NH 03801
- Investment properties
- 6,932 SF
- 0.11 lot acres
Current Use by Public Records
- Portsmouth Brewery / Brewpub / Brewery
Property Details for 56 Market St
- Year built
- 1870
- Construction
- FRAME
- Lot size
- 0.11 lot acres
- Property size
- 6,932 SF
- Zone code
- CD5
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- PRSM M:0117 B:0033 L:
- APU
- PRSMM0117B0033L
Description
This exceptional property at 56 Market Street in Portsmouth, New Hampshire, presents a unique investment opportunity. The former Portsmouth Brewery, a landmark building constructed in the 1800s, offers a captivating blend of commercial and residential spaces. The substantial 10,434 square foot building sits on a 0.11-acre lot and is priced at $4,500,000. The commercial area encompasses over 6,000 square feet, ideal for a variety of uses including retail, dining, or entertainment establishments. The impressive first floor features soaring ceilings, exposed brick, and original architectural details. The residential component includes two apartments: a spacious two-bedroom unit and a remarkable penthouse apartment with 14-foot ceilings. This prime location in the heart of Portsmouth offers convenient access to amenities, transportation, and cultural attractions. The property benefits from its proximity to the Hanover Street parking garage and ample street parking. This is a rare chance to acquire a piece of Portsmouth's rich history and capitalize on its vibrant future. Note that this property can be combined with 48 Market Street (MLS# 5025555) for a total purchase price of $6,900,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -70.7579
- Latitude
- 43.0779
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
