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First-Floor Retail Condo
For Sale
$125,000
Pending

819 Lafayette Rd 4C, Hampton, NH 03842

Turnkey commercial suite with central AC, electric heat, public utilities, and on-site parking.

Property Size760 SF
Days on Market47

Property Features for 819 Lafayette Rd 4C

General Information

Standard status Pending
Size 760 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Floor Ground

Amenities

on site parking

Building Details

Year Built 1980
Construction stone
Tenancy Single
Listing Agency: KW Coastal and Lakes & Mountains Realty/Dover
Listed By: Gerry OConnell · License #BR915452
Source: Elliman
Added: Sep 10 Changed: Oct 25 Last Checked: Oct 24 at 7:32PM

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.

Unit 4C is a 760-square-foot, first-floor retail condominium within a stone-façade building constructed in 1980. The space is described as turnkey and includes electric heat, central air conditioning, and public water and sewer. Its compact layout is positioned for boutique retail, studio, or professional office use.

The property fronts Route 1 in Hampton and benefits from exposure along an established retail corridor with nearby complementary local businesses. On-site parking is provided, while the location is characterized as car-dependent with a walk score of 2 and a bike score of 29.

Key Highlights

  • 760‑square‑foot first‑floor retail condominium
  • Direct Route 1 frontage in Hampton, NH
  • Stone‑façade building constructed in 1980

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,744
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,880 $214.9K
Cap Rate 7%
$153,486 $153.5K
Cap Rate 9%
$119,378 $119.4K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$16.4K $21.60/SF
− Vacancy
−$1.1K −$1.40/SF
EGI
$15.3K $20.20/SF
− OpEx
−$4.6K −$6.06/SF
NOI
$10.7K $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%
$214,880
Cap Rate 7%
$153,486
Cap Rate 9%
$119,378

Alternative Uses

Best Use
Retail
$153.5K
$134.3K – $179.1K (±1% cap)
NOI $10,744 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$253.0K
$221.4K – $295.2K (±1% cap)
NOI $17,712 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Real Estate Agency Garden Center Storage Facility (Bike/Boat/Book/etc) Store Food Market

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Groceries 35% Shops & Services 22% Hotels & Casinos 2%
Hannaford Groceries
23,632 visits/mo 0.4 miles
McDonald's Dining
14,529 visits/mo 0.4 miles
Speedway Shops & Services
11,233 visits/mo 0.4 miles
Aroma Joe's Dining
6,119 visits/mo 0.1 miles
Burrito Loco Dining
5,348 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

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 - Turnkey commercial suite with central AC, electric heat, public utilities, and on-site parking.
Where is this retail space located?
The property is located at 819 Lafayette Rd 4C Hampton, NH.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 760‑square‑foot first‑floor retail condominium; Direct Route 1 frontage in Hampton, NH; Stone‑façade building constructed in 1980
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