Listing courtesy of Tom McGuirk, McGuirk Properties, LLC Phone: 603-926-4400
112-116 Ashworth Avenue, Hampton, NH, 03842
1968
15,886 sqft
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.
Status:
Active
Type:
Commercial
Units:
58
Zoning:
BS
Frontage:
132
Heating:
Baseboard
Cooling:
Wall AC Units
Parking:
On-Site, Parking Spaces 21+, Paved, Under
Acreage:
0.7
Est. Taxes:
$45,942
Assessment
$3,572,500
Construction
Wood Frame,Vertical Siding,Wood Siding
MLS #:
5024830