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Lafayette Rd - ±6 AC Multi-Family Development City Corridor 6 Acres of Commercial Land Offered at $2,722,958 CAD in Portsmouth, NH 03801
Investment Highlights
- Residential Development: Supports multifamily, high-density residential, aligning development with regional housing demand.
- Site is located adjacent to over ten acres of undevelopable wetlands which will most likely become a City of Portsmouth recreation area.
- Premier Location: Frontage on U.S. Route 1 (Lafayette Road), a major commercial artery providing immediate market access.
Executive Summary
This property is available via Online Auction at www.FRE.com/555D6 with a starting bid of $1,999,000
Property Facts
| Price | $2,722,958 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 6.00 AC |
| No. Lots | 1 | Cross Streets | White Cedar Boulevard |
| Property Type | Land |
| Price | $2,722,958 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 6.00 AC |
| Cross Streets | White Cedar Boulevard |
1 Lot Available
Lot
| Price | $2,722,958 CAD | Lot Size | 6.00 AC |
| Price Per AC | $453,826.30 CAD |
| Price | $2,722,958 CAD |
| Price Per AC | $453,826.30 CAD |
| Lot Size | 6.00 AC |
This property resides in the high-demand Seacoast Real Estate market. Portsmouth is the hub and the area includes communities along the 18-mile coastline and inland towns that share the region’s economic and lifestyle influence.
Description
FRE is pleased to present this Online Auction Plus Event (allows for contingencies)for a significant development opportunity across street from a Walmart Super Store.
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Lafayette Rd - ±6 AC Multi-Family Development City Corridor
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