List Price: $2,950,000 | $338 per sq.ft. Commercial
Space type
Date Listed Wednesday Oct 6, 2021 | MLS# 4885860
Space type
Date Listed Wednesday Oct 6, 2021 | MLS# 4885860
To see this Listing
Address: 96 State Street Portsmouth NH
Listed by Arthur Pappas KW Coastal and Lakes & Mountains Realty
Description:
Here is an amazing opportunity to own one of Portsmouth's landmark buildings. This 8,000+ sq ft building has seen major renovation within the last 2 decades and stands prominently on one of downtowns busiest corners. This building consists of 2 units spanning 4 floors. The basement and first two levels are a very successful restaurant with long term lease in place. The top floor is a very large 3 bedroom apartment with superb views of the Piscataqua river and the bustling city below. This building has had all of its charm and historical character retained and preserved beyond imagination and it is overwhelmingly apparent throughout its entirety. Endless exposed brick, extra wide-plank wood flooring and rustic hand hewn wooden beams serve this property with both the robust structure to endure centuries but the visual aesthetic that appeals to all. Showings begin October 11th by appointment only. Signed NDA required before documents will be shared or showings scheduled. CDC guidelines are still being adhered to. Masks required by all. Commission will be based on net sales price less any seller paid concessions. The business can be purchased separately as well with NNN lease in place.
Location : Commercial Zoning | In Town | Near Public Transportatn
Building Type : Investment
Misc : Fire System | Elevator - Freight | Living Space Available | Elevator - Passenger
Sale Includes : Land/Building
Listed by Arthur Pappas KW Coastal and Lakes & Mountains Realty
Description:
Here is an amazing opportunity to own one of Portsmouth's landmark buildings. This 8,000+ sq ft building has seen major renovation within the last 2 decades and stands prominently on one of downtowns busiest corners. This building consists of 2 units spanning 4 floors. The basement and first two levels are a very successful restaurant with long term lease in place. The top floor is a very large 3 bedroom apartment with superb views of the Piscataqua river and the bustling city below. This building has had all of its charm and historical character retained and preserved beyond imagination and it is overwhelmingly apparent throughout its entirety. Endless exposed brick, extra wide-plank wood flooring and rustic hand hewn wooden beams serve this property with both the robust structure to endure centuries but the visual aesthetic that appeals to all. Showings begin October 11th by appointment only. Signed NDA required before documents will be shared or showings scheduled. CDC guidelines are still being adhered to. Masks required by all. Commission will be based on net sales price less any seller paid concessions. The business can be purchased separately as well with NNN lease in place.
Location : Commercial Zoning | In Town | Near Public Transportatn
Building Type : Investment
Misc : Fire System | Elevator - Freight | Living Space Available | Elevator - Passenger
Sale Includes : Land/Building
Features
Signage: Some
Signage: Some
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1814
Brick Exterior
Price Per SQ.FT. 337.92 Eevators 1
No. of Units: 2
Building Size : 8730
Available SQFT : 8730
Building Type: Investment
Year Built: 1814
Brick Exterior
Price Per SQ.FT. 337.92 Eevators 1
No. of Units: 2
Building Size : 8730
Available SQFT : 8730
Building Type: Investment
Exterior
InteriorBasement: Concrete | Concrete Floor | Finished | Full | Stairs - Interior | Storage - Assigned | Interior Access
Land Information
Lot size: 0.07 acres
Zoned: res/comm CD-4
Flood Zone: No
Road Frontage: 80
Garage And Parking: Deeded | Driveway | Parking Spaces 2 | Paved
Road Frontage: 80
No. of Docks | 1.
UtilitiesHeating: Forced Air | Multi Zone
Cooling: Central AC
Electric: Circuit Breaker(s)
Utilities: Gas - Underground
AC % | 0.
Additional Information
Taxes $26,619
Assesed Value Not Reported
Taxes $26,619
Assesed Value Not Reported
Schools
