$1,650,000 $230 per sq.ft. Hillsborough NH »

Number of Units 17   Total Sq. Ft. 7186  |  Acres: 8.82
List Date Monday Jun 10, 2024
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.) See MLS Property & Listing Details & 30 images.