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40 Ashworth AvenueHampton, NH 03842MLS Number 4955292

  • Price: $7,500,000
  • 125 Days on Market
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
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Active with Contract
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
  • 2022Tax Year
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.
Listed by Alex Loiseau of Harris Real Estate

Driving Directions

Gilman Real Estate
Gilman Real Estate
Office: 603-772-0808
39 Front St
Exeter, NH 03833

More Info

Basic Information

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

Building

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

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt

Tax Information

  • Tax Year2022

Location

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

Property

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

Basic Information

  • StatusActive With Contract
  • Modification Date09/26/2023
  • TypeBusiness, Hospitality, Opportunity
  • List Price$7,500,000
  • Broker NameHarris Real Estate
  • Listing Agent NameAlex Loiseau
  • Lister Office NameHarris Real Estate
  • MLS Number4955292
  • MLS StatusActive Under Contract

Utilities

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

Other

  • Transport AccessMajor Road Access, Paved
  • Date Listed06/01/2023
  • View Count8

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Copyright 2023 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 October 3, 2023 3:55 PM EDT

 

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