Lafayette Road, Portsmouth, NH

Sold At Auction $855,000

Lafayette Road
Wednesday, August 29, 2012 5:00 p.m.




12PM-49

Auction Type Real Estate Auction
Date 8/29/2012 5:00 p.m.
Address Lafayette Road
Portsmouth NH


CALL FOR OFFERS
Existing Car Wash Business and Real Estate
1.31±  Acres | Route 1, Portsmouth, New Hampshire
Offered on an Unpriced Basis

THIS PROPERTY SOLD FOR $855,000.

Paul McInnis, Inc. has been retained by the heirs of a local Portsmouth Estate to conduct the sale of a prime parcel of commercial real estate on the heavily traveled Route 1 retail corridor in Portsmouth, New Hampshire. The Portsmouth market is booming with activity despite national economic indicators, and continues to improve and drive retail sales, proving this to be a significant redevelopment opportunity for a retailer looking for high visibility, unprecedented existing signage, and high traffic volume with controls in place.

•    Prime location on major route and close to signaled intersection
•    Rectangular lot between two major traffic signal pulses
•    Major redevelopment opportunity
•    New Portsmouth “Gateway” Zoning offers Developer Incentives
•  Retail neighbors include Wal-mart, Dunkin Donuts, Pizza Hut, Taco Bell, Subway, Service Credit Union, First Colebrook Bank, Big Lots, McKinnon’s, and more.
•   2 Buildings: 3,870± square feet automatic car wash with extra bay and 1,920± square feet

Paul McInnis, Inc. ~ Selling Real Estate Since 1976

Buyer Broker Participation Invited

Ref.#12PM-49

 

 

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