$3,670,000 $19,701 est/mo Sourced by Back At You

815 Lafayette Road,Portsmouth, NH 03801

Portsmouth NH, 03801

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Description

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.

Details

MLS#4841144
Listing TypeFor Sale
Sub-TypeResale
StatusUnder Contract
Year1962
Days On Site798
Listing Provided ByColliers International | Andrew Ward

Features

ZoningGateway Corridor
Acreage21.00

Market Activity 03801



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Learn More About This Property

StateNH
CountyNH Rockingham
CityPortsmouth
Zip Code03801
AreaRockingham
Listing VS Median (in 03801)
Price:
$3,670,000
low | high
Med:
$4,175
100% of Average
On Site:
798
low | high
Med:
154.500000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 0 - 0
Listing Updated: September 29, 2022 at 3:18:54 PM PDT