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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