Building Details

Building Size 6,492 SF

Year Built 1775

Tenancy Multi

Listing Agency: SVN The Masiello Group

Listed By: Zeid Haddad · License #076289 Show Phone

Source: Svn

Added: Jul 26 Changed: Sep 6 Last Checked: Oct 5 at 5:48PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN The Masiello Group

Investment Insights

Based on property information with market context.

This historic mixed-use property includes a residential unit and a separate commercial unit within the same building. The residence, originally built in 1775, has five bedrooms and has undergone many renovations and upgrades in recent years; it is currently leased for $3,400 per month. The commercial portion offers approximately 3,900 square feet across two floors, with hardwood flooring, one bathroom, and a flexible layout. The first floor features a spacious open area with a wood-finished interior and a restroom, while the second floor includes two offices, a reception area, and a large storage/workspace area. Recent interior and exterior improvements support both usability and presentation.

The property is located right on Lafayette Road, with convenient access to I-95 linking to Hampton, Portsmouth, and nearby Massachusetts, supporting strong visitor flow for a retail or professional user. Parking is planned for development to provide ample commercial parking.

Key Highlights

• Mixed‑use building with over 6,000 SF total leasable space, including a leased residential unit plus a commercial unit
• Residential portion built in 1775 with 5 bedrooms; currently leased for $3,400/month
• Commercial space totals about 3,900 SF over two floors with hardwood flooring and a flexible layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$65,920

Cap Rate

8.09%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,318,400 $1.3M

Cap Rate 7%

$941,714 $941.7K

Cap Rate 9%

$732,444 $732.4K

Market Conditions

NOI Build-Up for 3,840 SF

Gross rent

$101.4K $26.40/SF

− Vacancy

−$13.5K −$3.51/SF

EGI

$87.9K $22.89/SF

− OpEx

−$22.0K −$5.72/SF

NOI

$65.9K $17.17/SF

Area

Rockingham County, NH

Vacancy

13.30%

Lease Rate

$26.40 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,318,400

Cap Rate 7%

$941,714

Cap Rate 9%

$732,444

Alternative Uses

Best Use

Office B

$941.7K

$824.0K – $1.10M (±1% cap)

NOI $65,920 @ 7.0% cap · market cap 8.09%

Second Best

Retail

$775.5K

$678.6K – $904.8K (±1% cap)

NOI $54,287 @ 7.0% cap · market cap 6.66%

Theoretical Best

Office A

$1.28M

$1.12M – $1.49M (±1% cap)

NOI $89,491 @ 7.0% cap · market cap 10.98%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

TwinkleToes Dance Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Plumbing Service Garden Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

215

Businesses Nearby

Explore this area Business Placement

Demographics for 03844, NH

2,428

Population

931

Households

2.6

Avg Household Size

48

Median Age

53%

College-Educated

99%

High-School Grad

12.4 sq mi

ZIP Area

196

Density / Sq Mi

$155,787

Median Household Income

$58,040

Median Earnings

$1,724

Median Rent

$664,900

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this live-work space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Live-work space - Two-floor commercial space with hardwood floors and flexible layout, paired with a leased historic residence for added income.

Where is this live-work space located?

The property is located at 80 Lafayette Rd Hampton Falls, NH.

What is the asking price?

The asking price for this property is $815,000.

What are key features of this property?

This property features: Mixed‑use building with over 6,000 SF total leasable space, including a leased residential unit plus a commercial unit; Residential portion built in 1775 with 5 bedrooms; currently leased for $3,400/month; Commercial space totals about 3,900 SF over two floors with hardwood flooring and a flexible layout