CCertihomes
48-56 Market St, Portsmouth, NH 03801

$8,125,000

0 beds 0 baths 16,009 sqft Built 1830Active

About this home

Welcome to a historic gem nestled in the heart of Portsmouth! Presenting the former home of the Portsmouth Brewery, an esteemed icon of the city's landscape, this distinguished property offers a blend of rich history, prime location, and 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 1800's, the buildings feature a massive first floor with soaring ceilings, exposed brick walls, and original features. The residential aspect includes five apartments, comprising three spacious 2-bed units and two 1-bed units, with a penthouse unit above the Brewery boasting 14 ft ceilings. On the commercial side, two separate buildings offer over 9, 000 sqft of total space, providing ample opportunities for various ventures, including retail, dining, or entertainment establishments, appealing to entrepreneurs and investors.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$49,617/mo

Real estate (PITI + HOA + PMI)
$51,841
Principal + interest$36,850
Property tax + insurance$11,944
PMI / 2nd mortgage$3,047
Utilities
$1,236
Heating + cooling$450
Internet + TV + phone$170
Water + sewer + garbage$58
Transportation
$95
Car insurance + maintenance$95
Other (entertainment)
$170
$49,617/mo TLC
Budget$50,117/mo
Remaining after TLC$500/mo
Purchase price
$8,125,000
Down payment
$406,250 (5%)
Loan amount
$7,718,750
APR
4%

Quick facts

Type
COM
Style
Year built
1830
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$48,455
MLS #
73238653
County
Rockingham

Neighborhood — 03801

MetricThis ZIPCountyUSA
Population21,2881,328,860299,088,112
Population Change Since1990-5.00%20.00%20.00%
Population Density898143
Male10,340656,203147,432,321
Female10,948672,657151,655,844
Never Married5,962268,94463,775,926
Married8,027602,538123,120,365
Separated58737,74812,639,686
Widowed1,69263,90215,467,586
Divorced2,416113,91223,075,029
Number Of House Hold10,005499,581111,826,380
Average House Hold Size2.052.582.60
Medial Age41.5038.4535.46
Median House Hold Income$51,460$56,270$48,276
Average House Hold Income$65,603$68,940$63,629
P C I$32,770$26,652$24,529
M D I$43,647$47,101$41,133
A T H E$52,513$54,123$50,898
S T R0.00%0.00%
W C J80.24%77.83%77.74%
(Zip) Code
3801

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 5/15/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.