Bought with Janet Faulkner • Keller Williams Realty Success
$2,235,000
$2,500,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
191-195 State Street & 12 Penhallow Street Portsmouth, NH 03801
8,500 SqFt
Key Details
Sold Price $2,235,000
Property Type Commercial
Sub Type Investment,Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,500 sqft
Price per Sqft $262
MLS Listing ID 4358811
Sold Date 04/24/15
Construction Status Existing
Year Built 1850
Annual Tax Amount $29,500
Tax Year 2013
Property Sub-Type Investment,Retail
Property Description
Twelve (12) unit mixed use brick building with frontage on State Street and Penhallow, two major downtown arteries. A very rare offering in downtown Portsmouth. Desirable unit mix including a restaurant with courtyard, a elegant four level townhouse, two retail units and eight apartments with expansion possibilities for commercial and residential. Fully leased with near zero vacancy history and nicely renovated spaces. Property has been condominiumized for added value and possibilities. Nicely located between Market Square and Historic Strawberry Banke. Newly repointed, new roof. Under agreement with contingencies, accepting back up offers.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning CBB
Rooms
Basement Entrance Interior
Basement Full
Exterior
Utilities Available Cable - Available
Roof Type Shingle - Asphalt
Building
Foundation Fieldstone
Sewer Public
Construction Status Existing
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