$5,350,000

409 The Hill # 409, Portsmouth, NH 03801

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1809
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This listing courtesy of Sean Bakhtiari, Compass New England, LLC

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.

Listing Status:
Pending
Date Added:
April 10, 2025 at 05:00AM
Listing Office:
Compass New England, LLC : 978-248-8081
Listing Agent:
Sean Bakhtiari : 603-560-5357
MLS ID:
5035852

This listing courtesy of Sean Bakhtiari, Compass New England, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

New Franklin School

1 Franklin Dr, Portsmouth, NH, 03801

Grades KG-5

0.86 miles away

P

Portsmouth Middle School

155 Parrott Ave, Portsmouth, NH, 03801

Grades 6-8

0.38 miles away

P

Portsmouth High School

50 Andrew Jarvis Dr, Portsmouth, NH, 03801

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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