Stand Alone Route 1 Building For Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Office
Catylist Listing ID: 30568585
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Other, General
Status: Pending/Contingent
Building Size (RSF): 8,010 SF
Gross Building Area: See Agent
Sale Price: $599,900
Unit Price: $74.89 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: 540 Lafayette Rd
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/8/2020

Overview / Comments

Multi-tenant mixed use retail/office building. Situated on .34+/- acres of land on US Route 1 in Hampton Center, NH. Two floors with over 8,000 SF of retail/office/residential space. Proposed plans include three 2 bedroom apartments on the second floor and 4 retail/office units on the first floor. Property has 25 + parking spaces. 16,000 VPD, great signage and exposure on the major retail corridor in the Seacoast. Great opportunity for and owner/user or investor.

Additional Details

Nearest MSA: Boston-Cambridge-Quincy
County: Rockingham
Tax ID/APN: 144-011-000
Zoning: (B) BUSINESS
Property Visibility: Excellent
Feet of Frontage: 111
Traffic/Vehicle Count: 19,000
Site Description: Parking: 24 on site spaces HVAC: FHA, Gas/ cen. air Const.Type: wood framed
Tenancy: Multiple Tenants
Number of Stories: 2
Typical SF / Floor: 4,000 SF
Year Built: 1986
Construction/Siding: Wood Siding
Total Parking Spaces: 25
Parking Type: Surface
Heat Type: Natural Gas
Zoning Description: Town center historic, mixed use multifamily encouraged in the zoning.
Lot Frontage: 111
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,924 21,586 39,738
Median Age: 45.12 46.73 46.04
Households: 1,722 9,261 16,694


Photograph of Listing Agent

Sean Regan

Applevale Realty Inc
NECPE Member
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