Mixed-Use Building with Street-Level
For Sale
$495,000
447 Lafayette Road, Hampton, NH 03842
A dual-purpose commercial property offers public parking access and a street-facing display area.
Property Size3,896 SF
Price / SF$127.05
Days on Market9
Property Features for 447 Lafayette Road
General Information
Standard status
Active
Size
3,896 SF
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
Needs TLC
Site & Location
Road Access
Yes
Mixed-Use Components
office, retail
Additional Details
Condition
Needs Renovation
Property Use
Office/Retail
Building Details
Year Built
1925
Buildings
1
Listing Agency:
Harris Real Estate
Listed By:
Todd Loiseau
(603) 661-4478
Source:
Greatislandrealty
Added: Oct 24
Changed: Oct 30
Last Checked: Oct 30 at 3:05PM
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 Harris Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use building combines office and retail space, with 1,936 square feet of street-level display area. Built in 1925, the property contains 3,896 square feet and is offered in need of repair and updating.
The building is in downtown Hampton on Route 1, with access from Lafayette Road and a separate connection to the town parking lot.
The building is in downtown Hampton on Route 1, with access from Lafayette Road and a separate connection to the town parking lot.
Key Highlights
- 1,936 SF of street‑level display area
- 3,896‑square‑foot building constructed in 1925
- Office and retail configuration in downtown Hampton
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,291
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,820
$725.8K
Cap Rate 7%
$518,443
$518.4K
Cap Rate 9%
$403,233
$403.2K
Market Conditions
NOI Build-Up for 3,896 SF
Gross rent
$63.1K $16.20/SF
− Vacancy
−$5.0K −$1.30/SF
EGI
$58.1K $14.90/SF
− OpEx
−$21.8K −$5.59/SF
NOI
$36.3K $9.32/SF
Area
Rockingham County, NH
Vacancy
8.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,820
Cap Rate 7%
$518,443
Cap Rate 9%
$403,233
Alternative Uses
Best Use
Retail
$786.8K
$688.5K – $918.0K
NOI $55,079 @ 7.0% cap · market cap 11.13%
Second Best
Mixed Use
$518.4K
$453.6K – $604.9K
NOI $36,291 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,796 @ 7.0% cap · market cap 18.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
99k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 35%
Groceries 24%
Hannaford
Groceries
23,632 visits/mo
0.3 miles
McDonald's
Dining
14,529 visits/mo
0.4 miles
Mobil
Shops & Services
11,939 visits/mo
0.4 miles
Dunkin' Donuts
Dining
11,818 visits/mo
0.2 miles
Speedway
Shops & Services
11,233 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A dual-purpose commercial property offers public parking access and a street-facing display area.
Where is this mixed-use property located?
The property is located at 447 Lafayette Road Hampton, NH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,936 SF of street‑level display area; 3,896‑square‑foot building constructed in 1925; Office and retail configuration in downtown Hampton
