9 Main Street, Lyme, NH, 03768 | $3,495,000

The Dowds' Country Inn, home of the Latham House Tavern, has been one of the most cherished establishments in the Upper Valley for decades. It is located on over 5 beautiful acres in coveted Lyme, NH, just a 15 minute drive from Hanover and Dartmouth College. The well-appointed inn, successfully run by the same owner for over 35 years, features 21 charming en-suite rooms and a spacious 115 seat banquet room, which opens onto a large outdoor patio and sweeping lawn, making it an ideal location for weddings, business gatherings, Dartmouth College functions, and more. The Latham House Tavern opened its doors in 2016 and quickly became a regional fan favorite. The thoughtfully designed interior offers an ambiance perfect for all seasons. The tavern and bar area seats 120 for indoor dining, in addition to the beautiful flagstone patio outdoor dining area. On any given day, or evening, imagine kids playing in the tavern's yard, while parents gather to enjoy great conversation, food and libations - that's a glimpse of its beloved history, and potential future. Lyme is home to the Dartmouth Skiway, only a 7 minute drive up the road, while right outside the inn’s doors, an extensive trail system awaits hikers, snowshoers, and cross-country skiers. The next owner can carry on in the traditional way the inn and tavern have been successfully run in the past, or use the existing space as a canvas to bring their own vision to life. Lyme is 10 minutes off I-91 and 10 miles from Hanover, NH.

Features

  • Property Type: Business,Hospitality,Investment,Opportunity,Other
  • Construction: Insulation-FiberglssBatt,Post and Beam,Timber Frame,Clapboard Exterior
  • Parking: Off Street,Other,Parking Spaces 21+,Unpaved
  • Heating: Hot Water,Other,Stove - Gas,Propane,Oil,Mini Split
  • Cooling: Other,Mini Split
  • Units: 21
  • Zoning: LCD
  • Frontage: 175
  • Year Built: 1780
  • Approx Sq. Feet: 14,114
  • Acreage: 5.4
  • Est. Taxes: $48,401
  • MLS#: 4996700
  • Website: https://www.raveis.com
    /prop/4996700/9mainstreet_lyme_nh?source=qrflyer
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Listing courtesy of Snyder Donegan Real Estate Group   Phone: 802-457-2600
Listing Agent: Zoe Hathorn Washburn

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9 Main Street, Lyme, NH, 03768

$3,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,796,000 $2,796,000 $2,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $4,033 $4,033 $4,033
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,875 $17,443 $23,406
Total Monthly Payment $20,033 $21,601 $27,564

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.