185 Lafayette RdSeabrook, NH 03874

Property Details for 185 Lafayette Rd

Year built

1951

Construction

FRAME

Lot size

0.33 AC

Property size (Sq ft)

3,436 SF

Zone code

LA2

Property type

Retail properties

APN

SEAB M:9 B:149

APU

SEABM9B149

Description

This exceptional 6,101 square foot mixed-use building is situated on a 0.33-acre lot at 185 Lafayette Road in Seabrook, New Hampshire. Boasting over 100 feet of road frontage on busy Route 1, this property benefits from a high daily traffic count exceeding 19,278 vehicles (per NHDOT 2019 data), providing excellent visibility and accessibility. Its prime location offers easy access to both Massachusetts and the Seacoast region. Currently configured as a pet store and a one-bedroom, one-bathroom apartment, the property presents a multitude of possibilities for future use. The stand-alone building offers significant flexibility for a variety of commercial ventures, complemented by the residential component. The substantial road frontage and high traffic volume make this an ideal location for businesses seeking maximum exposure. This property represents a unique investment opportunity in a thriving area with strong potential for growth and return. The existing structure provides a solid foundation for immediate occupancy or redevelopment, catering to a wide range of business needs. Serious inquiries are encouraged to explore the full potential of this versatile commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $835,068

  6.5%

  $770,832

  7%

  $715,772

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,131,348

  Geo Method

  $1,131,348

• Alternative Use

  Use

  Valuation

  Residential

  $650,226

  Hospitality

  $595,603

  Educational

  $495,535

  Medical

  $512,577

  Retail

  $770,832

Location Insight

City

Seabrook

County

Rockingham

State

New Hampshire

Latitude

42.8796

Longitude

-70.8687

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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