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85 Daniel StreetPortsmouth, NH 03801Price: $1,725,000

  • Price: $1,725,000
  • 16 Days on Market
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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,725,000List Price
  • 0.07Acreage
  • 3,274Square Feet
INCREDIBLE DEVELOPMENT OPPORTUNITY- DREAM LOCATION, set in the heart of downtown Portsmouth WITH OFF STREET PARKING. This iconic property is available to purchase “as is” OR can be sold as a fully approved/permitted condo conversion with no builder tie-in. (PERMIT PROCESS IS UNDERWAY NOW) The Historic District Commission has approved this project, including adding 3rd floor dormers, new exterior windows, attached garage bays & multiple decks. The current plans call for TWO side by side 2150 square foot luxury condominiums w/rooftop decks & attached garages. (Totaling over 4300SF of finished space) Each unit will boast 3 floors of spacious living, 3 beds/3 baths, high ceilings, multiple balconies, and private full basements, these condos will live more like single family homes. OR CHANGE THINGS UP…with CD4 Zoning, there is potential for residential, commercial, retail, multi-family, or mixed use…, SO many options! Parking is accessed off picturesque Custom House Lane. PRIME INVESTMENT OPPORTUNITY, this property is 100' from Brickhouse Market Place & McIntyre project, 2 of the most anticipated & exciting development projects in recent history. 5-minute walk to Market Square, the waterfront/Prescott Park, The Music Hall, theaters, fine restaurants, cafés, and shops, you won't find a better location! Current owner has completed environmental testing, available upon request. SURVEY, RENDERINGS & FLOOR PLANS AVAILABLE, call to set up your private viewing today.
Listed by Jeffrey Levine of Keller Williams Coastal Realty

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 28, 2022.

 

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