Listed by Tom McGuirk with McGuirk Properties, LLC 603-926-4400

Active

198 Ashworth Avenue

Hampton NH, 03842

$4,900,000


$328.68 per sqft

Active

44 Baths

14,908 sqft

Commercial

Built in 1980

Flagship Motorcourt Investors, Developers, and Operators--Take Notice! This well-maintained 44-unit motel in the heart of Hampton Beach is an exceptional opportunity. Close to shops, attractions, restaurants; and the most desirable stretch of sand--the Island Section. This property offers a great investment opportunity for various types of buyers. For operators seeking a motel, this property consists of four buildings with a total of 44 motel units Manager's residence with an office and storeroom. Amenities include a spacious courtyard with picnic tables and grilling stations, along with a pool area. The Flagship Motorcourt boasts a strong rental history with many repeat guests. The rooms are well-sized and attractive, and with your personal touches, this could be transformed into a boutique motel. Hampton Beach is experiencing growth, making this property a perfect fit for its evolving future. Business Seasonal Zone of Hampton Beach, which permits building heights of up to 50 feet. The panoramic views at this elevation, as shown in the included drone photos, are spectacular. 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 Whitten Street. The Flagship Motorcourt is a truly unique property and a solid investment, offering significant potential for immediate returns or future development.

5024757

MLS ID

December 17, 2024

Listed

December 17, 2024

Updated

Map

198 Ashworth Avenue
Hampton NH, 03842

Interior Features

Total Bathrooms

44


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.65 Acres


Roof

Membrane, Shingle - Architectural


Sewer

Public

Other Property Details

Area Name

NH-Rockingham


Taxes

$27,870


Tax Frequency

Annually


Garage

No


Parking

On-Site, Parking Spaces 21, Paved, Under


View

No


Pool

No

Listed by Tom McGuirk with McGuirk Properties, LLC 603-926-4400

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