List Price: $1,650,000 | $168 per sq.ft. Commercial
Space type Business w/ Real Estate,Free Standing Building,Lodging
Date Listed Sunday Jun 9, 2024 | MLS# 4999653


Address: 626 West Main Street Hillsborough NH
Listed by Nick Turmel Tri-State Realty, LLC
Description:
CASH COW GREAT INVESTMENT $$$!!! 17 Units Total between existing 13 Unit Motel, + Owners 2 Bedroom Qtrs, Office/common space units, 2 Studio Apts above Garage. High demand for weekly/monthly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at the corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St. & 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential and lots of other uses. Check with Town Zoning. Would make a great Residential or Commercial New Construction Development. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast by running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS. MLS, NECPE, & on-line marketing subject to updated changes. Basic Financial info available upon request. 25%+ Commercial Loan or Cash. PROOF OF CASH or PRE-APPROVAL or Bank Letter to schedule showing (unless buyer is a national corporation.)
Building Type : Business | Development | Hospitality | Investment | Land | Multi-Family | Opportunity | Other | Retail

Disability Features : 1st Floor Bedroom | 1st Floor Full Bathroom | 1st Floor Low-Pile Carpet | 1st Floor Laundry

Misc : Furniture Included | Inventory Included | Living Space Available | In-Unit Bathroom

Sale Includes : Additional Buildings | Garage | Inventory | Land/Building/Business

Features
Signage: Unlimited
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1830
Price Per SQ.FT. 167.92 No. of Units: 17
Building Size : 9826
Available SQFT : 9826
Building Type: Business | Development | Hospitality | Investment | Land | Multi-Family | Opportunity | Other | Retail

Exterior

Interior

Land Information

Lot size: 8.82 acres
Zoned: COMM-N
Road Frontage: 1011
Garage And Parking: Parking Spaces 21+ | Paved
Road Frontage: 1011
No. of Docks | 0.

UtilitiesHeating: Electric | Forced Air | Hot Air | Propane
Electric: Circuit Breaker(s)
Utilities: Cable | Cable - At Site | Cable - Available | Gas - LP/Bottle | Multi Phone Lines
AC % | 0.

Additional Information
Docs Available : Aerials | Deed | Other | Plot Plan | Property Disclosure | Tax Map
Taxes $11,271
Assesed Value Not Reported
Schools

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