401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
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401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
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SEE ALL PHOTOS
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
401 State Street Unit 103
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Sold

401 State Street Unit 103

401 State Street Unit: 103, Portsmouth, NH 03801

$3,000,000
The Library is a high profile restaurant located within one of Portsmouth's treasured landmarks, The Rockingham. Known for exceptional food and service, The Library is beloved by locals & popular with tourists. Esquire Magazine rated The Library as one of the "Top 50 Bar/Lounges in America", it's received multiple "Award of Excellence" nods from Wine Spectator & many "Best of the Seacoast" awards, including 2022! Just 1 hour north of Boston, Portsmouth, NH is one of the East Coast's most visited cities. Whether shopping in Market Square, touring historic Strawbery Banke, or enjoying a show at The Music Hall, downtown Portsmouth is one of NH's premier destinations! Given The Library's distinguished location, it's no surprise that several historical figures have eaten or stayed at the Rockingham; including George Washington, Franklin Pierce, Theodore Roosevelt, and John F. Kennedy! The Library has been impeccably maintained and delights patrons with its architectural details. The Library has enjoyed strong revenues over the past several years. 2021 saw a substantial 20% increase YOY! The first half of 2022 is also on track for a robust 12% gain YOY! The owners have made significant upgrades to both the front and back of the house and the talented staff and professional management team are in place to ensure a smooth transfer of ownership. Sale includes business, inventory, FF&E and real estate. Financial information available for qualified buyers with the execution of an NDA.

1
bath

Joe Leddy

Joe Leddy

Jamieson Duston

Jamieson Duston

Features & Amenities

Interior

  • Total bathroom1

Area & Lot

  • Status Sold
  • MLS® ID4917823
  • TypeCommercial
  • YEAR BUILT1840
  • NeighborhoodPortsmouth

Exterior

  • water SourcePublic
  • lot featuresHistoric District, Condo Development
  • parkingOn Street
  • sewerPublic

Financial

  • Sales Price$3,000,000
  • Real Estate Tax $18,195/yr

Portsmouth

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Duston Leddy is the Seacoast's premium real estate firm, and our commitment to providing exceptional service is at the core of everything we do. Founded by three of the region's leading real estate professionals, we are driven to do more -and be more- for our clients as well as our agents.

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