112-116 Ashworth AVE new

Hampton,NH 03842

$ 7200000

- Bed

- Bath

15886 SqFt


Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 15,886 sqft

Price per Sqft $453

MLS Listing ID 5024830

Year Built 1968

Annual Tax Amount $45,942

Tax Year 2024

Lot Size 0.700 Acres

Property Description

Marguerite Motel Investors, Developers, and Operators—Take Notice! This well-maintained 58-unit motel is in the heart of Hampton Beach. Just a few blocks from Hampton Beach Casino; Playground; as well as shops, restaurants and attractions. This property has a proven track record with return guests. And high ratings online. It is one of the best run motels on Hampton Beach. This property consists of four buildings on two lots with a total of 58 motel units. Amenities include a grilling area and along with a spacious pool area. The rooms are well-sized, attractive, and recently updated. Business Seasonal Zone of Hampton Beach, which permits building heights of up to 50 feet. At that elevation, there is picture perfect views of the Hampton River as well as views of the Atlantic. This zoning allows for numerous opportunities, especially with a parcel of this size. The property also features ample parking and dual frontage on Ashworth Avenue and Mooring Drive. The Marguerite Motel is a truly unique property and a solid investment, offering significant potential for immediate returns or future development.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning BS

Interior

Cooling Wall AC Units

Inclusions Equipment,Land/Building,Furnishings

Equipment Satellite Dish,Smoke Detectr-HrdWrdw/Bat,Sprinkler System,Air Conditioner

Exterior

Parking Features On-Site,Parking Spaces 21+,Paved,Under

Garage Description On-Site,Parking Spaces 21+,Paved,Under

Utilities Available Gas - Underground,Satellite

Roof Type Shingle - Architectural

Building

Foundation Block,Poured Concrete

Sewer Public

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