Bought with Alex Loiseau • Harris Real Estate
$7,350,000
$7,500,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
40 Ashworth AVE Hampton, NH 03842
1.3 Acres Lot
Key Details
Sold Price $7,350,000
Property Type Commercial
Sub Type Business,Hospitality,Opportunity
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4955292
Sold Date 12/20/23
Year Built 1940
Annual Tax Amount $47,886
Tax Year 2022
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Business,Hospitality,Opportunity
Property Description
This 58 unit Hampton Beach motel is completely turnkey with condominium conversion approvals in hand. A landmark of the area, the motel is just a block from the sand and has been meticulously maintained and updated by the current owners. Many possibilities for this property. Continue running the successful hospitality business with a 5 star TripAdvisor rating, sell the units as condominiums or do a mixture of both! Spread across 14 buildings on a 1.3 acre lot surrounding an in-ground pool, the property consists of 34 standard hotel rooms; 19 units within detached cottages/duplexes; 4 suites; and an owners apartment. Ample parking with on-site spaces for every unit. Improvements include cosmetic renovations of all hotel rooms, structural enhancements and upgraded utilities. Check out the amazing reviews online and then come see all this wonderful property has to offer.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning BS
Body of Water Stream
Interior
Heating Electric, Gas - Natural
Cooling Wall AC Units
Exterior
Exterior Feature Vinyl Siding
Parking Features Parking Spaces 21+, Paved, Covered
Garage Description Parking Spaces 21+, Paved, Covered
Utilities Available Cable, Fiber Optic Internt Avail
Waterfront Description Yes
View Y/N Yes
Water Access Desc No
View Yes
Roof Type Shingle - Asphalt
Building
Lot Description Level, Water View
Foundation Concrete
Sewer Public
Water Public
Read Less
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