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    135 Lafayette Rd, Unit 10 North Hampton, NH 03862

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    For Sale
    $1,950,000

    Income-producing retail plaza with detached home on busy corridor.

    Lot size:
    0.61 Acres

    Property Features for 135 Lafayette Rd

    General Information

    Lot size
    0.61 Acres

    Source: Bean Group powered by eXp Agent Bill Riffert

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property on Route 1

    This property on North Hampton’s Route 1 corridor features a 5-unit retail plaza and a detached 2-bedroom ranch-style home. The property is positioned along Lafayette Road (U.S. Route 1), with high visibility, easy access, and daily traffic exceeding 15,000 vehicles. The retail plaza has attractive storefronts, updated mechanicals, and ample customer parking. All tenants are in good standing. The ranch residence includes a single-car garage and is set back from the retail frontage, making it suitable as a residential rental, live/work setup, or future expansion area under North Hampton’s commercial zoning. The total building area is approximately 7,600 square feet, plus a detached approximately 1,400 square foot home. The property has ample on-site parking and strong signage visibility, and is convenient to Hampton, Portsmouth, and I-95 interchanges. It is suitable for a 1031 exchange, portfolio diversification, or owner/user. This mixed-use, multi-income property is located in a desirable commercial corridor.
    Location Intelligence

    Current Use by Public Records

    EAS-European Auto Specialists, ... Auto Repair Shop Dino International Furs Fur Service True North Property ... Property Management Company Victory Park Motors Used Car Dealer Plaice Cove Electronics ... Electronic Parts Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Hampton
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -70.826809
    Latitude
    42.982071

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    FAQs

    What type of property is this?
    Strip mall - Income-producing retail plaza with detached home on busy corridor.
    Where is this strip mall located?
    The property is located at 135 Lafayette Rd, Unit 10 North Hampton, NH.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Income-producing property with a 5-unit retail plaza and a detached 2-bedroom ranch-style home.; - High traffic location on Route 1 with over 15,000 vehicles per day.; - Stable, predictable cash flow from tenants in good standing.
    (617) 259-0810
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    North Hampton, NH 03862
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    135 Lafayette Rd, Unit 10 North Hampton, NH 03862
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