166 Prospect Hill Road, Walpole, NH, 03608 | $1,200,000

Step into a legacy of elegance and opportunity with this distinguished commercial property on the beautiful award-winning 9-hole Hooper Golf Course. Behold a historic inn and tavern, where the past and present merge in a beautifully functional ensemble. The tavern, recently revitalized, offers a welcoming, sophisticated atmosphere. Equipped with a brand-new furnace and a state-of-the-art refrigerated room complete with a stylish tap system, it ensures every beverage is refreshingly cold. The inn's guest rooms, each with their own bathroom have been meticulously updated, striking a balance between modern comfort and historical charm. See list for all updates. The social rooms have kept their period details with the addition of a bar looking out onto the golf course and the Vermont sunsets. What an amazing spot for weddings or functions held in the 3 dining rooms with additional space on the expansive 3 seasons screened-in porch. Plenty of parking and space for a large tent for outdoor functions. This property includes 8 acres (potential building lot), a pro shop, barn, and an inviting one-bedroom rental unit, perfect for extra income or on-site management. The pro shop and barn have a long-term lease with Hooper Golf Course. A large pond located on the property assists the golf course with watering. This property offers more than just a business opportunity; it's an invitation to become part of a storied tradition of hospitality, culinary excellence, and community involvement!

Features

  • Property Type: Business,Hospitality,Investment,Land,Opportunity
  • Construction: Post and Beam,Wood Frame,Clapboard Exterior,Wood Exterior
  • Parking: Garage,On-Site,Parking Spaces 21+,Paved
  • Heating: Oil,Mini Split
  • Cooling: Other,Mini Split
  • Zoning: RUR R
  • Frontage: 601
  • Year Built: 1788
  • Approx Sq. Feet: 5,598
  • Acreage: 8.83
  • Est. Taxes: $16,029
  • MLS#: 5026387
  • Website: https://www.raveis.com
    /prop/5026387/166prospecthillroad_walpole_nh?source=qrflyer
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Listing courtesy of Galloway Real Estate LLC   Phone: 603-756-3661
Listing Agent: Sable Westover

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166 Prospect Hill Road, Walpole, NH, 03608

$1,200,000

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 $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.746% 6.597% 6.158%
Monthly Tax Payment $1,336 $1,336 $1,336
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,679 $6,068 $8,101
Total Monthly Payment $7,140 $7,529 $9,562

* 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.