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$5,300,000
54 Days On Site

172 Hanover
Portsmouth, NH 03801

For Sale|Commercial Sale|Active
0
Beds
6
Total Baths
12,780
SqFt
$415
/SqFt
1850
Built
County:
Rockingham
Call Now: 401-323-8292
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401-323-8292
172 Hanover172 Hanover172 Hanover172 Hanover
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Exceptional mixed-use investment opportunity in the heart of downtown Portsmouth. Anchored by a well-established restaurant tenant under a long-term lease with annual increases and completed capital improvements. The second floor includes two approved residential units totaling approximately. 2,600 SF—both unfinished and ideal for luxury rental or condo conversion. The basement, formerly used as a sports lounge, offers strong potential for retail, studio, or private club use. Located in the Downtown Overlay District and eligible for vertical expansion up to 55 feet, offering significant future redevelopment potential. Prime location surrounded by boutique hotels, fine dining, and public parking in New Hampshire’s most vibrant and walkable downtown.

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Listing Snapshot
Price 
$5,300,000
Days On Site 
54 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,780 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1850
MLS® Number 
73386304
Status 
Active
Property Tax 
$25,579.84
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.13
Disclosures 
Use G P S
SqFt Total 
12780
Water Source 
Public
Zoning 
CD1
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Exterior Features
Roof 
Asphalt
Listing courtesy of Edward Perez of Edward Perez



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-07-30 12:06 PM UTC

Neighborhood & Commute
Source: Walkscore
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