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Courtesy of Peter Montesanto of Duston Leddy Real Estate: Phone: 617-448-0072.

48 Market Street

Portsmouth, NH 03801
  • $2,400,000
  • STATUS: Active Under Contract
  • ON SITE: 190 Days
  • MLS #: 5025555
Under Contract
UPDATED: 37 min ago
$2,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,363
    SQFT
  • $550
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1830
County:
Area:

School Ratings & Info

Description

Welcome to a historic gem nestled in the heart of Portsmouth! This distinguished property offers a blend of rich history, prime location, with versatile commercial and residential spaces, making it an unparalleled investment opportunity. The property, located in Portsmouth, New Hampshire, boasts a mixed Commercial/Residential property. Constructed in the 1830's, the building features a first floor commercial retail space with high ceilings, small courtyard, exposed brick walls, and original features. The residential aspect includes three apartments, comprising two spacious 2-bedroom units and a large studio. On the commercial side, 48 Market St offers over 1,200 sqft of total space, providing ample opportunities for various ventures, appealing to entrepreneurs and investors alike. A full basement adds 660 sqft of storage. The location is a highlight, situated in the vibrant heart of Portsmouth, surrounded by a bustling community and thriving businesses, with convenient access to amenities, transportation, and cultural attractions. Adjacent to the Hanover St parking garage and additional street parking for patrons. Don't miss this rare opportunity to own a piece of Portsmouth's history and invest in its future. This can also be combined with 56 Market St MLS# 5025554 for a single purchase price of $6,900,000.

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-07-12T11:06:49.063.
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48 Market Street Portsmouth, NH 03801

  • Price: $2,400,000
  • Status: Active Under Contract
  • On Site: 190 Days
  • Updated: 37 min ago
  • MLS #: 5025555
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,363
SQFT
$550
$/SQFT
1830
Built
Neighborhood:
Portsmouth
County:
Rockingham
Area:
Portsmouth
Property Description
Welcome to a historic gem nestled in the heart of Portsmouth! This distinguished property offers a blend of rich history, prime location, with versatile commercial and residential spaces, making it an unparalleled investment opportunity. The property, located in Portsmouth, New Hampshire, boasts a mixed Commercial/Residential property. Constructed in the 1830's, the building features a first floor commercial retail space with high ceilings, small courtyard, exposed brick walls, and original features. The residential aspect includes three apartments, comprising two spacious 2-bedroom units and a large studio. On the commercial side, 48 Market St offers over 1,200 sqft of total space, providing ample opportunities for various ventures, appealing to entrepreneurs and investors alike. A full basement adds 660 sqft of storage. The location is a highlight, situated in the vibrant heart of Portsmouth, surrounded by a bustling community and thriving businesses, with convenient access to amenities, transportation, and cultural attractions. Adjacent to the Hanover St parking garage and additional street parking for patrons. Don't miss this rare opportunity to own a piece of Portsmouth's history and invest in its future. This can also be combined with 56 Market St MLS# 5025554 for a single purchase price of $6,900,000.
Exterior Features

Lot Features In TownNear ShoppingCity LotLevelSidewalksStreet Lights Road Frontage Yes Road Frontage Length 25

Interior Features

Basement Yes Basement Access Type Interior Basement Description Unfinished Sq Ft Total Building 5575 Sq Ft Total Source Assessor

Property Features

Assessment Amount 1562300 Assessment Year 2024 Building Number 48 Foreclosed / Bank Owned / REO No Natural Gas Available Yes Pre Construction No Sale Includes Land/Building Sewer Public Sub Property Type BusinessDevelopmentHospitalityInvestmentMulti-FamilyOfficeOpportunityRetail Submarket Portsmouth Tax Gross Amount 17466 Tax Rate 11.18 Tax Year 2024 Taxes Tbd Unknown Utilities Cable - At SiteGas - On-SiteMulti Phone LinesTelephone At Site Vacant Land No Water Source Public Zoning CD5

Courtesy of Peter Montesanto of Duston Leddy Real Estate: Phone: 617-448-0072.


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-07-12T11:06:49.063.
 
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