85 DANIEL STREET Portsmouth, NH 03801 | Multi-Family
$1,550,000 ![]()
Listing Courtesy of
KW Coastal and Lakes & Mountains Realty
Description
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! (Currently used as a 2 family, with one month to month tenant in place.) Parking is accessed off 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.
