409 The Unit 409
Portsmouth, NH 03801
- – beds
- – baths
- 5,136 sqft
- $1,041 per sqft
- 1809 build
- – on site
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.
Last checked:
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Last updated Apr 14, 2025
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MLS# 5035853 —
The Building
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Year Built:1809
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Clapboard Exterior
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Architectural Style:Hotel
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Roof:Shingle - Asphalt
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Foundation:Fieldstone
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Total Stories:3
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Total Units:10
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Approx SqFt Total:6960
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Approx SqFt Total Finished:5,136 Sqft
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Approx SqFt Finished Above Grade:5,136 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Unfinished Below Grade:1824
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Public
Interior
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Basement:Yes
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Basement Description:Gravel, No Tenant Access, Storage Space, Interior Access, Exterior Access
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Basement Access Type:Interior
Location
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Directions:Hanover St to High St to Garden Way
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Map:0118
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Latitude:43.078293490301341
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Longitude:-70.759917720237723
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot:3
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Lot Features:Landscaped
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Lot Acres:0 Sqft
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Zoning:CD4-L1
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Driveway:Paved
Listing Agent
- Contact info:
- Office phone:
- (617) 206-3333
Taxes
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Tax Year:2024
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Taxes TBD:Unknown
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Tax - Gross Amount:$28,658
Baths
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Total Full Baths:10
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Half Baths Size:10 Sqft
The Listing
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Price Per SqFt:1041.67
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Forced Air, Mini Split
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Total Heat Units:10
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Cooling:Wall AC Units
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Total Water Heaters:3
Utilities
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Utilities:Gas - At Street
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
Appliances
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Total Refrigerators:10
The Community
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Covenants:Unknown
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Easements:Unknown
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Fee:544.25
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Fee Includes:HOA Fee, Landscaping, Plowing
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Fee Frequency:Monthly
Extra Units
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Unit/Lot #:409
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/10/25
Apr 10, 2025
|
Listed / Active | PRIME_MLS | $5,350,000 |