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Listed by Tom McGuirk • McGuirk Properties, LLC
$7,200,000
Est. payment /mo
15,886 SqFt
UPDATED:
12/18/2024 05:01 PM
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
Acres 0.7
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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