• Multifamily/Commercial Site - 815 Lafayette Rd, Portsmouth, NH 03801

For Sale

Land

For Sale

This property is available for sale
21.5
Acres
$3,670,000
Sale Price
  • Year Built
    1962 (Renovated 2001)
  • Overview

    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.

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Property Details

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.

  • Property Type
    Land
  • Year Built
    1962Renovated 2001
  • Sale Price
    $3,670,000
  • Total Acres
    21.5
  • Zoning
    Gateway Corridor
  • Last updated
    Dec 26, 2023
  • Property ID
    2179270

Landlord's Sales Representative

  • Andrew Ward
    Colliers | Portsmouth