Commercial Sale at 40 Congress Street, Portsmouth
Commercial Sale at 40 Congress Street, Portsmouth, photo 2 of 2
2 photos

$12,500,000

40 Congress Street
Portsmouth, NH 03801
Listed by Kent White · The Boulos Company
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1878

About this home

Located in the heart of downtown Portsmouth, 40 Congress Street offers a rare opportunity to own a boutique commercial asset in one of New England’s most dynamic and historic markets. The 22,601± SF property sits on a 0.09± acre parcel and is zoned CD5 (Character District 5), allowing for a variety of commercial, office, and mixed-use uses including a possible residential conversion on the upper floors. Positioned within Portsmouth’s vibrant Downtown Historic District and just steps from Market Square, the property benefits from exceptional walkability, strong surrounding demographics, and limited supply. 40 Congress Street offers a well-located asset with versatile use potential and strong long-term value. For more information, a signed NDA is required.

Property details

MLS #
5084657
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
113
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Little Harbour School
0.74 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
355
Student:teacher ratio
10.8:1
District
Portsmouth School District
Middle
Portsmouth Middle School
0.22 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
491
Student:teacher ratio
10.4:1
District
Portsmouth School District
High
Portsmouth High School
1.2 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,049
Student:teacher ratio
11.7:1
District
Portsmouth School District

Walkability

Blended score for Portsmouth's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

78
Walkable
out of 100
EPA National Walkability Index
13.3 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores9
Parks20
Schools14
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Portsmouth, from live MLS data.

On the market 113 days -- 2 more days than Portsmouth's current average of 111 days.
For reference, the median list price across 236 active listings in Portsmouth right now is $534,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$75,426/mo
$2,500,000 down
$10,000,000 loan
Principal & interest$64,860
Property tax (est.)$10,417
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. 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 04/21/26.