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1 Main Street, Franconia, NH, 03580 | $900,000
Welcome to The Gale River Motel, situated in the beautiful downtown of Franconia. Featuring stunning views of Cannon Mountain and Franconia Notch from every room here, this property is ideal for the scenic getaway customers are looking for, featuring two independent cabins in addition to the motel and house, as well as major river frontage on the Gale River where guests can sit down and relax. Countless business opportunities with 6 acres, massive level field for events/ gatherings all wrapped around the pool, with stunning views of Franconia Notch all in the backdrop. This highly rated business and property is being sold with all the tools and inventory needed to simply show up and start working, as an added bonus the solar array takes care of 100% of the main building and house electricity. Experienced on-site staff make this motel run smooth and efficiently, and decades of high acclaim from guests keeps business coming in. Attached three bedroom two and a half bathroom home provides the opportunity to live comfortably on-site while operating, or offer it to guests/ tenants for even more income. Zoning here allows for a vast array of commercial and residential applications. Don't miss this opportunity to own and run one of Franconia's historic businesses in one of the most scenic parts of New Hampshire. Schedule your private tour today.
Features
- Property Type: Hospitality
- Construction: Insulation-FiberglssBatt,Wood Frame,Wood Siding
- Parking: On-Site,Parking Spaces 21+,Paved,Unassigned,EV Charging Station(s)
- Heating: Baseboard,Direct Vent,Forced Air,Hot Air,Hot Water,Individual,Multi Zone,Oil
- Cooling: Wall AC Units
- Units: 13
- Zoning: Residential B
- Frontage: 310
- Acreage: 6
- Est. Taxes: $7,849
- MLS#: 5012332
- Website: https://www.raveis.com
/prop/5012332/1mainstreet_franconia_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/2024Listing courtesy of Today Real Estate Phone: 603-654-1176
Listing Agent: Bailey Clermont
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1 Main Street, Franconia, NH, 03580
$900,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $720,000 | $720,000 | $720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $654 | $654 | $654 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,202 | $4,551 | $6,076 |
| Total Monthly Payment | $4,948 | $5,297 | $6,822 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB