Portsmouth, NH 03801,409 The HL #409
Portsmouth, NH 03801,409 The HL #409
Portsmouth, NH 03801,409 The HL #409
Portsmouth, NH 03801,409 The HL #409
Portsmouth, NH 03801,409 The HL #409
Portsmouth, NH 03801,409 The HL #409
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Listed by Sean Bakhtiari • Compass New England, LLC
Bought with Tiffany Semprini • The Aland Realty Group

$5,190,000

$5,350,000

3.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 08/15/2025

Key Details

Sold Price $5,190,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5035852

Sold Date 08/15/25

Year Built 1809

Annual Tax Amount $28,658

Tax Year 2024

Property Description

Own a premier, turnkey boutique hotel in the heart of downtown Portsmouth, NH. The Inn Downtown is a beautifully restored, 10-unit apart-hotel offering a seamless blend of classic New England charm and modern, urban living. Steps from Market Square and the city's best dining, shopping, and waterfront attractions, this stylish retreat is a proven performer in one of New England's most desirable and dynamic markets. Originally a historic multi-family built in 1809, the building was thoughtfully reimagined into a thriving boutique hotel, designed to accommodate nightly, short-term, and long-term stays. Each of the 10 unique units includes a full kitchen or kitchenette and private bath, with tasteful, timeless finishes and furnishings that create a warm and inviting atmosphere for guests. There are 4 Deluxe King Studio Apartments (400~ sqft) on the 1st floor, 4 Superior King Studio Apartments (500~ sqft) on the 2nd floor, and 2 Penthouse King Studio Apartments (600~ sqft) on the 3rd floor. The Inn Downtown has seen consistent occupancy and strong revenue, with rave guest reviews and a loyal following — inquire for historical income & expense reports. With walkability to every major downtown amenity, a short drive to the beaches, and easy access to Boston and Portland, this is not just a turnkey investment—it's a lifestyle with upside.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning CD4-L1

Rooms

Basement Entrance Interior

Basement Storage Space, Interior Access, Exterior Access

Interior

Cooling Wall AC Units

Exterior

Utilities Available Gas at Street

Building

Sewer Public

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agent
Steven Steiner

Broker | License ID: 068128

+1(603) 733-6696

48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA

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