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First-Floor Retail Condo
For Sale
$264,000
Pending

2c-819 Lafayette Rd, Hampton, NH 03842

Open-plan commercial space with a bathroom, dedicated parking, central air conditioning, and public utilities.

Property Size1,600 SF
Days on Market49

Property Features for 2c-819 Lafayette Rd

General Information

Standard status Pending
Size 1,600 SF

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Floor 1

Taxes and HOA fees

Annual Taxes $2,198

Amenities

electric heat
central AC
public water & sewer
on-site parking

Building Details

Construction stone
Listing Agency: KW Coastal and Lakes & Mountains Realty/Dover
Listed By: Gerry OConnell · License #BR915452
Source: Exprealty
Added: Sep 8 Changed: Oct 26 Last Checked: Oct 24 at 7:00PM

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 KW Coastal and Lakes & Mountains Realty/Dover

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Investment Insights

Based on property information with market context.

This first-floor retail condominium provides approximately 1,600 square feet in a stone-façade building along Route 1. The interior includes an open floor plan and bathroom, supporting retail, office, or service-oriented use. Electric heat and central air conditioning are installed, with public water and sewer serving the unit.

The property has direct Route 1 exposure in Hampton within an established retail corridor surrounded by complementary local businesses. On-site parking supports customer and staff access, while the ground-level configuration provides convenient entry for commercial occupants and visitors.

Key Highlights

  • Approximately 1,600 SF of first‑floor retail condominium space
  • Direct exposure on Route 1 in Hampton
  • Open floor plan with bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,620
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,400 $452.4K
Cap Rate 7%
$323,143 $323.1K
Cap Rate 9%
$251,333 $251.3K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$34.6K $21.60/SF
− Vacancy
−$2.2K −$1.40/SF
EGI
$32.3K $20.20/SF
− OpEx
−$9.7K −$6.06/SF
NOI
$22.6K $14.14/SF
Area
Rockingham County, NH
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,400
Cap Rate 7%
$323,143
Cap Rate 9%
$251,333

Alternative Uses

Best Use
Retail
$323.1K
$282.8K – $377.0K (±1% cap)
NOI $22,620 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.7K
$466.1K – $621.5K (±1% cap)
NOI $37,288 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby
118k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 35% Groceries 20% Apparel 20% Home Improvements & Furnishings 17%
Marshalls Apparel
23,358 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
19,858 visits/mo 0.4 miles
Shaw's Supermarket Groceries
18,806 visits/mo 0.3 miles
Dollar Tree Shops & Services
12,797 visits/mo 0.5 miles
The UPS Store Shops & Services
11,142 visits/mo 0.2 miles

Demographics for 03842, NH

16,048
Population
9,978
Households
1.6
Avg Household Size
53
Median Age
43%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,254
Density / Sq Mi
$94,433
Median Household Income
$53,533
Median Earnings
$1,679
Median Rent
$491,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Open-plan commercial space with a bathroom, dedicated parking, central air conditioning, and public utilities.
Where is this retail space located?
The property is located at 2c-819 Lafayette Rd Hampton, NH.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: Approximately 1,600 SF of first‑floor retail condominium space; Direct exposure on Route 1 in Hampton; Open floor plan with bathroom
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