$5,350,000

Pending

Est. Mortgage $27,405/mo *

Quick Pre-Approval

Listing courtesy of Sean Bakhtiari, Compass Massachusetts, LLC Phone: 978-248-8081


409 The Hill, #409, Portsmouth, NH, 03801

409 The Hill, #409, Portsmouth, NH, 03801

1809

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.


Status:

Pending

Type:

Commercial

Units:

10

Zoning:

CD4-L1

Heating:

Forced Air, Mini Split

Cooling:

Wall AC Units

Parking:

Parking Spaces 1 - 10

Est. Taxes:

$28,658

MLS #:

5035852


Community Info

School Info

Walk Score

Mass Transit

Yelp