For Sale
For Sale
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Year Built
1962 (Renovated 2001)
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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.
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 TypeLand
- Year Built1962Renovated 2001
- Sale Price$3,670,000
- Total Acres21.5
- ZoningGateway Corridor
- Last updatedDec 26, 2023
- Property ID2179270