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$5,300,000
17 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

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(978) 927-1959
172 Hanover172 Hanover172 Hanover172 Hanover
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Prime downtown Portsmouth mixed-use property offering income, value-add potential, and development upside. Anchored by a well-known restaurant with a multi-year lease and significant tenant investment. The second floor is approved for two residential units, and the basement has active lease interest for a private social club. Located in a vibrant commercial corridor surrounded by top restaurants, hotels, and a newly renovated $9M medical center. Zoned for vertical expansion under Portsmouth’s 55-foot height limit. Ideal for investors seeking stable returns, flexible development options, and long-term growth in one of New Hampshire’s most desirable markets.

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Listing Snapshot
Price 
$5,300,000
Days On Site 
17 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®
3 weeks 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 2025-06-23 07:45 AM UTC

Neighborhood & Commute
Source: Walkscore
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