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    2425 Lafayette Rd Portsmouth, NH 03801

    For Sale
    $1,200,000

    Mixed-use property in Portsmouth Green, flexible zoning, rapid use-change potential.

    Lot size:
    0.19 Acres

    Property Features for 2425 Lafayette Rd

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1900

    Source: Portside Real Estate Group Agent Travis A Billingham

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

    Overview

    Portsmouth Mixed-Use Opportunity

    This mixed-use property is situated in a prominent Portsmouth location, across from Starbucks, Vida Cantina, McKinnon's, and the businesses and apartment buildings at Portsmouth Green. The property is currently deeded as four individual condominium units, all of which are owned by the seller and being sold together. This arrangement allows for potential changes to the current setup and usage, or the dissolution of the association. The Gateway mixed-use zoning provides flexibility for various uses, including professional offices, retail spaces, and live/work units. The Portsmouth Zoning Ordinance outlines all approved and conditional uses. Currently, there are no leases in place, allowing for a rapid change of use. The existing floor plans offer insights into potential uses of the spaces as-is, or the configuration can be modified to suit specific needs.
    Location Intelligence

    Current Use by Public Records

    Little Bridges Therapeutic ... Occupational Therapist Katherine Goodwin Occupational Therapist Kristin Gilman Occupational Therapist Clark & Associates, LLP Personal Injury Attorney Abenaki Lawn Sprinklers, ... Lawn Sprinkler System Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.782825
    Latitude
    43.033453

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Portsmouth Green, flexible zoning, rapid use-change potential.
    Where is this mixed-use property located?
    The property is located at 2425 Lafayette Rd Portsmouth, NH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime Portsmouth location across from Portsmouth Green, Starbucks, Vida Cantina, and McKinnon's.; - Mixed-use zoning (Gateway) allows for diverse applications like office, retail, or live/work spaces.; - Opportunity to reconfigure or dissolve condo association as seller owns all 4 units.
    (603) 812-8263
    Request Owner's contact information
    2425 Lafayette Rd Portsmouth, NH 03801
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    Portsmouth, NH 03801
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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
    2425 Lafayette Rd Portsmouth, NH 03801
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