Pending

815 Lafayette RoadPortsmouth, NH 03801Price: $3,670,000

  • Price: $3,670,000
  • 573 Days on Market
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Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,670,000List Price
  • 21.5Acreage
  • 13,362Square Feet
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.
Listed by Andrew Ward of Colliers International

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 3, 2022.

 

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