40 Ashworth AvenueHampton, NH 03842MLS Number 4955292

  • Sale Price: $7,350,000
  • 187 Days Since Sale
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
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40 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 0384240 Ashworth Avenue Hampton NH 03842
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  • 1.3Acreage
  • 1940Year Built
  • 25,256Square Feet

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Listed by Alex Loiseau of Harris Real Estate

Listing Sold by Harris Real Estate
This 58 unit Hampton Beach motel is completely turnkey with condominium conversion approvals in hand. A landmark of the area, the motel is just a block from the sand and has been meticulously maintained and updated by the current owners. Many possibilities for this property. Continue running the successful hospitality business with a 5 star TripAdvisor rating, sell the units as condominiums or do a mixture of both! Spread across 14 buildings on a 1.3 acre lot surrounding an in-ground pool, the property consists of 34 standard hotel rooms; 19 units within detached cottages/duplexes; 4 suites; and an owners apartment. Ample parking with on-site spaces for every unit. Improvements include cosmetic renovations of all hotel rooms, structural enhancements and upgraded utilities. Check out the amazing reviews online and then come see all this wonderful property has to offer.

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More Info

Basic Information

  • PermissionCertificate of Occupancy, Deed, Tax Map, Town Approvals

Building

  • Year Built1940
  • ConstructionWood Frame
  • NumberOfUnitsInCommunity58
  • FoundationConcrete
  • Square Feet25,256

Property

  • Acreage1.3
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft56,628
  • Road Frontage50

Tax Information

  • Tax Year2022

Location

  • Building Number40
  • StreetAshworth Avenue
  • VillageHampton Beach
  • TownHampton
  • StateNH
  • Zip03842
  • CountyRockingham
  • Map282

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt

Utilities

  • FuelElectric, Gas - Natural
  • Heating CoolingElectric, Forced Air

Basic Information

  • StatusSLD
  • Modification Date12/20/2023
  • TypeBusiness, Hospitality, Opportunity
  • List Price$7,500,000
  • Broker NameHarris Real Estate
  • Listing Agent NameAlex Loiseau
  • Lister Office NameHarris Real Estate
  • Seller Office NameHarris Real Estate
  • Selling Agent NameAlex Loiseau
  • MLS Number4955292
  • MLS StatusClosed

Amenities

  • PricePerSqFt291.02

Other

  • Transport AccessMajor Road Access, Paved
  • Date Listed06/01/2023
  • View Count40
The Hamptons Real Estate Main Office
The Hamptons Real Estate Main Office
25 Lafayette Rd
Hampton Falls , NH 03844
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 24, 2024 12:08 AM EDT

 

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