112 & 114 Lafayette Road, North Hampton, NH 03862
sale
$1,950,000
|
Other
Courtesy Of eXp Realty
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 5
- Cooling System: Multi Units
- Cooling System: Central Air
- Heating System: Oil
- Heating System: Forced Air
- Heating System: Propane (Heating)
- Heating System: Natural Gas
- MLSID: 5067678
- Roof Type: Shingle
- Rooms: Basement
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