Nicole Watkins

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401 State StreetPortsmouth, NH 03801Sale Price: $3,000,000

  • Sale Price: $3,000,000
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Federal 30-year interest rate: 6.58% last updated on Jul 23, 2026
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  • $3,000,000Sale Price

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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.
Listed by Joe Leddy of Duston Leddy Real Estate (Cell: 603-494-6864)

Listing Sold by Duston Leddy Real Estate

Property Details of 401 State Street

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 July 30, 2026 10:24 AM UTC

 

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