172 HanoverPortsmouth, NH 03801
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.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
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Last checked 2025-07-30 12:06 PM UTC
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