Listed by Tom McGuirk with McGuirk Properties, LLC 603-926-4400
Active
112-116 Ashworth Avenue
Hampton NH, 03842
$7,200,000
$453.23 per sqft
Active
58 Baths
15,886 sqft
Commercial
Built in 1968
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.
5024830
MLSⓇ ID
December 18, 2024
Listed
December 18, 2024
Updated
Map
112-116 Ashworth Avenue
Hampton NH, 03842
Interior Features
Total Bathrooms
58
Fireplace
No
Cooling
Yes
Cooling Description
Wall AC Units
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.7 Acres
Roof
Shingle - Architectural
Sewer
Public
Other Property Details
Area Name
NH-Rockingham
Taxes
$45,942
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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