404 Islington Street

Portsmouth, NH 03801

MLS ID# 4841027 Active
Business

$1,999,000



Details for 404 Islington Street, Portsmouth NH 03801

Fantastic opportunity to own a well established Inn/B&B in iconic Portsmouth NH. Current B&B layout consists of two buildings overlooking private outdoor space with 10 off-street parking spots. The building on Union St includes 4 comfortable suites plus additional finished space for office, etc. The Islington St building currently has 3 guest suites, a dining room, full kitchen, laundry, and owner's quarters consisting of a living room, office, bedroom, and bathroom. Floor plan of the Islington St building could be converted from 3 to 6 room rentals yielding additional income. Spacious suites offer opportunity for in-room office or kitchenette to cater to longer/weekly/monthly bookings. Plenty of off street parking plus landscaped grounds for guests or tenants to enjoy. Great walkability to all that Portsmouth has to offer. Opportunities for expansion, condo conversion, restaurant, two single families, or multi family. Brochure, floor plans and matterport attached to listing.

Features and Details

  • Category Commercial
  • Type Business
  • Village/Neighborhood
  • County Rockingham
  • Lot Dimensions 12632
  • Acreage 0.29
  • MLS ID# 4841027

Annual Expenses/Income
Income: 365500
Apx Bldg SqFt
4221
Basement
Full, Partial, Stairs - Exterior, Stairs - Interior, Unfinished, Yes
Construction
Wood Frame
Building Name
Martin Hill Inn
Accessibility Features
1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Low-Pile Carpet, Access Parking, Access Restrooms, Bathroom w/Tub, Hard Surface Flooring, Kitchenette w/5 Ft. Diam, Paved Parking, 1st Floor Laundry
Building #
2
Total Loading Docks
Docks: 0
# of Stories
2
Total Drive-in Doors
0
Cooling
Central AC, Wall AC Units
Heating
Forced Air, Gas Heater, Steam
Parking
Deeded, Driveway, On-Site, Parking Spaces 1 - 10, Paved, Visitor
Excluded
See list of items that are not included and items that are negotiable.
Elevators
0
Lot Description
City Lot, Corner, Curbing, Landscaped, Level, Major Road Frontage, Neighbor Business, Rental Complex, Sidewalks
Operating Expense Inc
CAM, Heat, Insurance, Maintenance, Professional Management, Other, Sewer, Snow Removal, Trash, Utilities, Water, Water/Sewer
Siding
Clapboard, Wood Siding
Equipment
Smoke Detectr-Batt Powrd
Total
Units: 8
Features
Living Space Available, In-Unit Bathroom
Utilities
Cable - Available
Natural Gas
Yes
Water
Public
Sewer
Public
Zoning
CD4-L2
Location
Business District, Commercial Zoning, Historic District, In Town, Near Paths, Near Shopping, Neighborhood, Near Public Transportatn
Property Types
Business, Development, Hospitality, Investment, Multi-Family, Office, Opportunity, Retail
Property Type Use
Bed/Breakfast, Business w/ Real Estate, Food Service, Free Standing Building, Lodging, Office Building, Office Condo
Transport Access
City Street, Major Road Access, Public Transportation, Paved
Deed
Book: 0000, Page: 0000
Foreclosed/Bank-Owned
Foreclosed/Bank-Owned: No
Delayed Showings
No
Sale Includes
Land/Building/Business
Sale Type
Sale

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. Subject to errors, omissions, prior sale, change or withdrawal without notice.

This listing was last updated on 5/13/2021 1:06:09 PM.