- For Sale $3,600,000
- Property Type Mixed Use
- Property Size 10,795 SF
- Lot Size 1.72 Acre
- Property Tenancy Multi-Tenant
- Year Built 1965
- Date Updated May 18, 2026
Description
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)
Highlights
- Rt. 1 Waterfront 2.8 acres
- Rt. 1 ,20,000 vpd
- 2.8 ac. 2 bdlgs. total 17,900 sf
- 2.8 ACRES 390 FT ROAD FRONTAGE
- ONLY WATERFRONT SITE
- INVESTMENT OR REBUILD 17900 SF INCOME PROPERTIES INCLUDES 100 SEAT THRIVING RESTAURANT TURNKEY
- IDEAL HOTEL SITE IN HIGH OCCUPANCY PORTSMOUTH
- 1000 NEW UNITS CLOSE BY IN LAST 2 YRS.
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Contacts
Equity Group Realtors
Location
Located at 990 Lafayette Rd, Portsmouth, NH 03801, this property is part of the Elwyn Park neighborhood and Boston market.
Equity Group Realtors
