Bought with Joseph Giordano with Compass New England, LLC and Listed by Andrew Ward with Colliers International 603-433-7100
Closed
815 Lafayette Road
Portsmouth NH, 03801
$2,100,000
$157.16 per sqft
Closed
13,362 sqft
Commercial
Built in 1962
Great redevelopment opportunity on busy Route 1/Lafayette Road, boasting an estimated traffic count of 23,000+- VPD per NHDOT 2019 in Portsmouth, NH. Site includes a 13,362+- SF office building currently fit-up as a radio station with administrative offices on 21.5+- acres. An estimated 3.7+- acres are developable uplands with potential uses including a car dealership, housing development, medical building, recreation complex, and more. A double sided billboard on Route 1 is included in the sale and has an annual net operating income of approximately $66,000. Excellent location on a thriving commercial corridor within close proximity to downtown Portsmouth and I-95.
4841144
MLSⓇ ID
December 8, 2020
Listed
May 13, 2024
Updated
Map
815 Lafayette Road
Portsmouth NH, 03801
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
21.5 Acres
Sewer
Private, Septic
Other Property Details
Area Name
NH-Rockingham
Taxes
$60,111
Tax Frequency
Annually
Days on Market
422
Garage
No
View
No
Water Source
Public
Pool
No
Buyer Agency Compensation
3%
Bought with Joseph Giordano with Compass New England, LLC and Listed by Andrew Ward with Colliers International 603-433-7100
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