• Year Built: 1982
275 Portsmouth Avenue is a mixed-use property for lease in Stratham, NH.
This is a request for offers for the property described below. There is not a set list price and offers will be accepted on an ongoing basis. The property is being sold in its entirety.
The former Great Bay Community College Stratham campus is situated between the Great Bay estuary and beautiful Stratham Hill Park. The property lies 5 miles from I-95, 5 miles from Exeter and 7 miles from historic Portsmouth and the picturesque New Hampshire coastline. The building has been maintained since the college vacated the campus in 2009.
There is significant potential for site development with the 31+/- acres of buildable uplands and redevelopment opportunities for the building. In 2008, a retirement community developer proposed 180 assisted living units, 41 cottages and 259,000 sf of mixed use buildings. A beneficial outcome of that failed development effort was the creation of a new zoning district for this parcel which allows for a generous list of permitted uses.
See attached Comprehensive Marketing Package or visit www.275PortsmouthAvenue.com for full property and offer submission details.