A unique redevelopment opportunity in Hampton
Retail-Commercial
for Sale
| Catylist Listing ID: |
30873034 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
|
| Building Size (RSF): |
3,120 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,150,000 |
| Unit Price: |
$368.59 PSF |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/25/2024 |
Overview / Comments
|
Located in the heart of Hampton’s bustling retail corridor on Route 1, this ±0.40-acre property offers a distinctive redevelopment prospect for both investors and developers. Shadow anchored by Hannaford Supermarket and benefiting from over ±14,300 VPD, this property offers unrivaled visibility and accessibility. In close proximity to McDonald’s, Walgreens, and Dunkin’, this location has a strong neighboring presence of national retailers and 2 hotel chains. With general commercial zoning (TC-N) and 2 curb cuts on Lafayette Road, this property would make an excellent site for a coffee shop, QSR, or bank as it could allow for a new building with a drive through and is situated on the morning commute side of Route 1. There is currently a ±3,120 SF building on the site with an operating laundry and dry-cleaning business that could also be repurposed. Tap into Hampton’s growing market and contact Downtown Realty today for additional information.
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$9,275 (Annual) |
Additional Details
| Nearest MSA: |
Boston-Cambridge-Newton |
| County: |
Rockingham |
| Tax ID/APN: |
126-023-000 |
| Zoning: |
TC-N |
| Retail Clientele: |
General, Family, Business, Other |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
135 |
| Traffic/Vehicle Count: |
14,300 |
| Highway Access: |
1-mile to101 and 95 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Roof Type: |
Flat |
| Parking Type: |
Surface |
| Lot Frontage: |
135 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,208 |
21,990 |
39,738 |
| Median Age: |
46.15 |
46.83 |
46.04 |
| Households: |
2,653 |
9,437 |
16,694 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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