Mixed Use Development Project

156 Portsmouth Ave., Stratham, NH

For Sale

Retail Neighborhood Center

$1,700,000

Price

Overview

Building Size

3,744 sqft

Lot Area

1.36 acres

Occupancy

100%

Year Built

1701

Floors

Parking Spots

Offered by

Description

Great mixed use property with existing structure, and a project to be built! This property is a gem and will be a superior project for its future developer. The existing period home that has two units - one up and one down (this is the * 3744 SF), combined with vested approvals for a 6 unit mixed use condominium development. The units are of varying sizes, including a total of 5,918 SF of mixed use new construction, along with plenty of parking designed into the site plan. Some site infrastructure is already in place, which is water and some of the access drives. Easily accessible, the development has strong appeal to both residential uses and potentially commercial uses. A perfect place to commence a live, work, play development.

Located on busy Portsmouth Ave with great visibility and access, this property is located in the village district adjacent to the Stratham Circle, which is the intersection of Route 108 and Portsmouth Ave. This is the business route for the community, with many businesses located on it, with still a good amount of residential as well. Across the street are both retail and office uses, and there are a great number of offices surrounding the Stratham Circle. There are several municipal buildings nearby as well. Overall, a great location for both business and residential, reflecting the whole community.

This site is prepped already with Water from the town, which has no cost to it for perpetuity. The driveway and parking have already been installed, up to gravel along with detention basins. There is access from Portsmouth Ave in two locations and from Winnicutt Road. The approvals are in place and vested due to the previous work completed. This site has the existing antique structure, which can be either residential or commercial on the first level, and an apartment on the second level. Ready to have the new Condos built, which can be both commercial or residential or even mixed use. Stratham is a high end community.

3 phase available