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  • For sale
Multifamily/Commercial Site - #1
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Multifamily/Commercial Site - #6

For Sale

$3,670,000 USD

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.