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Additional details
Listed by Tom McGuirk • McGuirk Properties, LLC
$4,900,000
Est. payment /mo
0.65 Acres Lot
UPDATED:
12/17/2024 06:54 PM
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5024757
Year Built 1980
Annual Tax Amount $27,870
Tax Year 2024
Lot Size 0.650 Acres
Acres 0.65
Property Description
Flagship Motorcourt Investors, Developers, and Operators—Take Notice! This well-maintained 44-unit motel in the heart of Hampton Beach is an exceptional opportunity. Close to shops, attractions, restaurants; and the most desirable stretch of sand—the Island Section. This property offers a great investment opportunity for various types of buyers. For operators seeking a motel, this property consists of four buildings with a total of 44 motel units Manager's residence with an office and storeroom. Amenities include a spacious courtyard with picnic tables and grilling stations, along with a pool area. The Flagship Motorcourt boasts a strong rental history with many repeat guests. The rooms are well-sized and attractive, and with your personal touches, this could be transformed into a boutique motel. Hampton Beach is experiencing growth, making this property a perfect fit for its evolving future. Business Seasonal Zone of Hampton Beach, which permits building heights of up to 50 feet. The panoramic views at this elevation, as shown in the included drone photos, are spectacular. 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 Whitten Street. The Flagship Motorcourt 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
Inclusions Equipment, Land/Building, Furnishings
Exterior
Parking Features On-Site, Parking Spaces 21+, Paved, Under
Garage Description On-Site, Parking Spaces 21+, Paved, Under
Utilities Available Cable, Gas - Underground
Roof Type Membrane,Shingle - Architectural
Building
Foundation Poured Concrete
Sewer Public
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