Bought with Tiffany Semprini • The Aland Realty Group
$5,190,000
$5,350,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
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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Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA