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$8,500,000 Just Listed
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Property Description
Exceptional opportunity to acquire a large-scale retail commercial building in a highly desirable and well-established community. Strategically positioned along a high-traffic commercial corridor with strong daily vehicle counts, this property offers outstanding visibility and accessibility. The building is currently occupied by a well-established tenant, providing an attractive opportunity for an investor seeking a substantial commercial asset with an existing business in place. The property is well equipped for retail, distribution, or service-oriented operations, featuring two loading bays as well as a drive-up bay with overhead coverage, allowing for convenient loading, unloading, customer pickup, and year-round operations. With its prominent location, substantial building footprint, functional loading infrastructure, and established tenancy, this is a unique opportunity in a desirable market. Subject to condo conversion completion.
Full Property Details
Full Property Details for 720 Lafayette Rd
General
- Price: $8,500,000
- Taxes: (2026)
- Status: Active
- Type: Business
- Source: PrimeMLS
- MLS ID: 5105875
- Updated: 8/20/2026
- Added to Site: 1 day(s) ago
Location
- County: Rockingham
Utilities
- Sewer: Public Sewer On-Site
Structural Information
- Roof: Flat, Tar and Gravel
- Square Feet: 17,700
- Year Built: 2012
Unit Information
- Units in Building: 1
Lot Features
- Frontage: No Road Frontage
- Zoning: G1
Financial Considerations
- Price Per Sq. Ft.: $480.23
- Tax Year: 2026
Listed by KW Coastal and Lakes & Mountains Realty, Nathan W Dickey
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Schools
Schools serving 720 Lafayette Rd
School District:Portsmouth School District, Portsmouth, NH
| Name | Grades | Distance |
|---|---|---|
Mary C. Dondero Elementary School 32 Van Buren Avenue, Portsmouth, NH 03801 | K-5 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 720 Lafayette Rd
Date
Details
Price
Change
Source
8/20/2026
Listed
$8,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 720 Lafayette Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,676
3%
$840,700
—
2024
$9,399
23%
$840,700
77%
2023
$7,657
6%
$474,700
—
2022
$7,215
1%
$474,700
—
2021
$7,135
2%
$474,700
—
2020
$6,978
-1%
$474,700
—
2019
$7,054
1%
$474,700
8%
2018
$6,962
3%
$439,500
—
2017
$6,760
—
$439,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 720 Lafayette Rd
720 Lafayette Road, Portsmouth, NH 03801 (MLS# 5105875) is a Business property. 720 Lafayette Road is currently listed for $8,500,000 and was received on August 20, 2026. Want to learn more about 720 Lafayette Road? Do you have questions about finding other Business real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

