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Investment Highlights
- GATEWAY PERFORMANCE ZONE- RT. 1 WATERFRONT
- IDEAL HOTEL SITE IN HIGH OCCUPANCY PORTSMOUTH
- 17,900 SF INCOME PROPERTIES INCLUDES 100+ SEAT THRIVING RESTAURANT TURNKEY
Executive Summary
2.8 ACRES,
390 FT ROAD FRONTAGE
ONLY WATERFRONT SITE
INVESTMENT OR REBUILD
17,900 SF INCOME PROPERTIES
INCLUDES 100+ SEAT THRIVING RESTAURANT TURNKEY
50-60 FT HEIGHT
DENSITY INCENTIVES UP TO 36/ACRE
IDEAL HOTEL SITE IN HIGH OCCUPANCY PORTSMOUTH
1000+ NEW UNITS CLOSE BY IN LAST 2 YRS.
20,000 VPD
Portsmouth gateway location with waterfront in new performance zone.2 lots of record totaling 2.8 acres. Highly visible 391 feet of frontage on US Rt 1 (20,000 VPD, 2 curb cuts). Mixed use zoning. 50 -60 Ft. height, 60% lot coverage. Up to 36 units per acre. (CUP) Existing footprint of 17,900 SF Redevelopment concept projected build out at 50,000 sf. Existing 2 buildings of 9900 SF. 2 commercial tenants (under market rates). And owner occupied 7000 SF. long time favorite and thriving restaurant and full bar available turnkey.
Only comm site on rt. 1with expansive broad views in both directions. Of tidal flats and sagamore river. Nearby amenities: city nature park w/trails. Retail center, restaurants,
Over 1000 new units w/in 1 mile last 2 yrs. Dot traffic count and growth. 2 miles to Pease Tradeport (300 companies, 9000 workers) or downtown. Occupancy report approaching 80% (HVS)
390 FT ROAD FRONTAGE
ONLY WATERFRONT SITE
INVESTMENT OR REBUILD
17,900 SF INCOME PROPERTIES
INCLUDES 100+ SEAT THRIVING RESTAURANT TURNKEY
50-60 FT HEIGHT
DENSITY INCENTIVES UP TO 36/ACRE
IDEAL HOTEL SITE IN HIGH OCCUPANCY PORTSMOUTH
1000+ NEW UNITS CLOSE BY IN LAST 2 YRS.
20,000 VPD
Portsmouth gateway location with waterfront in new performance zone.2 lots of record totaling 2.8 acres. Highly visible 391 feet of frontage on US Rt 1 (20,000 VPD, 2 curb cuts). Mixed use zoning. 50 -60 Ft. height, 60% lot coverage. Up to 36 units per acre. (CUP) Existing footprint of 17,900 SF Redevelopment concept projected build out at 50,000 sf. Existing 2 buildings of 9900 SF. 2 commercial tenants (under market rates). And owner occupied 7000 SF. long time favorite and thriving restaurant and full bar available turnkey.
Only comm site on rt. 1with expansive broad views in both directions. Of tidal flats and sagamore river. Nearby amenities: city nature park w/trails. Retail center, restaurants,
Over 1000 new units w/in 1 mile last 2 yrs. Dot traffic count and growth. 2 miles to Pease Tradeport (300 companies, 9000 workers) or downtown. Occupancy report approaching 80% (HVS)
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Property Facts
| Price | $4,933,944 CAD | Number of Properties | 2 |
| Price / SF | $284.00 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 17,373 SF |
| Status | Active | Total Land Area | 2.90 AC |
| Price | $4,933,944 CAD |
| Price / SF | $284.00 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,373 SF |
| Total Land Area | 2.90 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 990 Lafayette Rd, Portsmouth, NH 03801 | Retail | 9,888 SF | 1965 | - |
| 980 Lafayette Rd, Portsmouth, NH 03801 | Retail | 7,485 SF | 1959 | - |
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2.8 acres Rt. 1 Waterfront
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