1D Ocean Boulevard, Hampton, NH, 03842 | $89,000

Fantastic and rare opportunity to own a 21 x 27 ft. building with mooring (transferable permit) in Hampton Harbor's Port Authority managed marina. Wonderful location across from Hampton Beach State Park. Easy ocean access - a few hundred yards from the mooring/marina. Lots of possibilities for a commercial fishing/charter type business. Building is perfect for ticket sales and customer receiving. Building has been freshly painted with large 3' x 12' signage area on top and attached storage shed. Mooring was upgraded last season to comprise 5, 500 pounds of granite blocks in combination with existing 1, 500 lb concrete block. All new chains, shackles & hardware. Previous vessel was 44 Ft. LOA & 43, 000 lbs. The mooring is directly in front of main charter fishing pier & accessed by tender. Permitting for tender & employee parking through the Port Authority. Crane for use by commercial boats for moving gear from parking lot to pier. Boat launch & ramp on site. Paid customer parking available on site as well. Winter vessel storage available with approval. Neighboring businesses include fishing charters, kayak rentals, parasailing, and oyster & lobster sales. Business and vessel must be approved by Port Authority prior to transfer. Right of Entry (leased land) to the Hampton Harbor Marine Facility subject to yearly rental fees. Great possibilities as these buildings/moorings are not available very often!

Features

  • Property Type: Opportunity,Other
  • Construction: Wood Frame,Wood Exterior,Wood Siding
  • Heating: None
  • Cooling: None
  • Units: 1
  • Zoning: BS
  • Approx Sq. Feet: 484
  • Est. Taxes: $392
  • MLS#: 5024243
  • Website: https://www.raveis.com
    /prop/5024243/1doceanboulevard_hampton_nh?source=qrflyer
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Listing courtesy of Russell Associates Inc.   Phone: 603-926-1555
Listing Agent: Kristen Russell

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1D Ocean Boulevard, Hampton, NH, 03842

$89,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $71,200 $71,200 $71,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $33 $33 $33
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $492 $480 $606
Total Monthly Payment $600 $588 $714

* 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.