Bought with Joseph Giordano with Compass New England, LLC and Listed by Andrew Ward with Colliers International 603-433-7100

Sold

815 Lafayette Road

Portsmouth NH, 03801

$2,100,000


$157.16 per sqft

Sold

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 9, 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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