Listed by Tom McGuirk with McGuirk Properties, LLC 603-926-4400
Active
198 Ashworth Avenue
Hampton NH, 03842
$4,900,000
$328.68 per sqft
Active
44 Baths
14,908 sqft
Commercial
Built in 1980
Flagship Motorcourt Investors, Developers, and Operators--Take Notice! This well-maintained 44-unit motel in the heart of Hampton Beach is an exceptional opportunity. Close to shops, attractions, restaurants; and the most desirable stretch of sand--the Island Section. This property offers a great investment opportunity for various types of buyers. For operators seeking a motel, this property consists of four buildings with a total of 44 motel units Manager's residence with an office and storeroom. Amenities include a spacious courtyard with picnic tables and grilling stations, along with a pool area. The Flagship Motorcourt boasts a strong rental history with many repeat guests. The rooms are well-sized and attractive, and with your personal touches, this could be transformed into a boutique motel. Hampton Beach is experiencing growth, making this property a perfect fit for its evolving future. Business Seasonal Zone of Hampton Beach, which permits building heights of up to 50 feet. The panoramic views at this elevation, as shown in the included drone photos, are spectacular. 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 Whitten Street. The Flagship Motorcourt is a truly unique property and a solid investment, offering significant potential for immediate returns or future development.
5024757
MLSⓇ ID
December 17, 2024
Listed
December 17, 2024
Updated
Map
198 Ashworth Avenue
Hampton NH, 03842
Interior Features
Total Bathrooms
44
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.65 Acres
Roof
Membrane, Shingle - Architectural
Sewer
Public
Other Property Details
Area Name
NH-Rockingham
Taxes
$27,870
Tax Frequency
Annually
Garage
No
Parking
On-Site, Parking Spaces 21, Paved, Under
View
No
Pool
No
Listed by Tom McGuirk with McGuirk Properties, LLC 603-926-4400
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