±3.6-Acre Multi-Family Development Along City Corridor
Land | 3.6 acres
Marketing description
FRE is pleased to present this Online Auction Plus Event (allows for contingencies)for a significant development opportunity across street from a Walmart Super Store.
This property resides in the high-demand Seacoast Real Estate market. Portsmouth is the hub and the area includes communities along the 18-mile coastline and inland towns that share the region’s economic and lifestyle influence.
This property is available via Online Auction at www.FRE.com/555D11 with a starting bid of $1,999,000
Investment highlights
Residential Development: Supports multifamily, high-density residential, aligning development with regional housing demand.
Premier Location: Frontage on U.S. Route 1 (Lafayette Road), a major commercial artery providing immediate market access.
Site is located adjacent to over ten acres of undevelopable wetlands which will most likely become a City of Portsmouth recreation area.
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