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Listed by Bill Riffert • EXP Realty • Cell: 617-259-0810
$ 1,950,000
Est. payment | /mo
9,078 SqFt
$ 1,950,000
Est. payment | /mo
9,078 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,078 sqft
Price per Sqft $214
MLS Listing ID 5067678
Year Built 1906
Lot Size 0.800 Acres
Acres 0.8
Property Description
Outstanding opportunity to acquire a well-located income-producing property on North Hampton's busy Route 1 corridor. The site features a 5-unit, inline retail plaza with strong tenant mix, plus a detached 2-bedroom ranch-style home generating additional income or offering flexible use for on-site management or redevelopment. Positioned along Lafayette Road (U.S. Route 1), the property enjoys exceptional visibility, easy access, and daily traffic in excess of 15,000 vehicles—with an increasing trend year over year. The plaza offers attractive storefronts, updated mechanicals, and ample customer parking. Tenants are all in good standing, providing stable, predictable cash flow with upside potential through future lease turnover or site enhancements. The ranch residence includes a single-car garage and is set back from the retail frontage—making it an ideal residential rental, live/work setup, or future expansion area under North Hampton's flexible commercial zoning. Highlights: ±7,600 SF total building area plus detached ±1,400 SF home, tenants current and in good standing, 15,000+VPD with increasing traffic trend, ample on-site parking and strong signage visibility, convenient to Hampton, Portsmouth, and I-95. Ideal for 1031 exchange, portfolio diversification, or owner/user. Limited comparable retail supply. A rare opportunity to own a mixed-use, multi-income property in one of the Seacoast's most desirable commercial corridors.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning IB/R
Rooms
Basement Bulkhead, Crawl Space, Partial, Interior Stairs, Interior Access, Exterior Access, Basement Stairs
Interior
Cooling Central AC, Multi Zone
Inclusions Land/Building/Business
Exterior
Utilities Available Cable
Roof Type Architectural Shingle
Building
Sewer Private
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Kris Labrake
REALTOR® | Lic# 070372