626 West Main ST new Save Request In-Person Tour Request Virtual Tour
Hillsborough,NH 03244
Key Details
Property Type Commercial
Sub Type Business,Development,Hospitality,Investment,Land,Multi-Family,Office,Opportunity,Other,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,826 sqft
Price per Sqft $157
MLS Listing ID 5038155
Year Built 1830
Annual Tax Amount $13,184
Tax Year 2023
Lot Size 8.820 Acres
Property Sub-Type Business,Development,Hospitality,Investment,Land,Multi-Family,Office,Opportunity,Other,Retail
Property Description
4/28/2025 NEW LISTING. $$$ CASH COW GREAT INVESTMENT! 20%+ CAP RATE Potential. 17 Units Total: 13 Unit Motel, 2 BR Owners Qtrs, Office/common space units, 2 Studio Apts above Garage. 8.82 TOTAL ACRES includes 128 Dam Road Land Parcel. High demand for weekly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St, & pics don't show lot lines for 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential & lots of other uses. Check with Town Zoning. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS. MLS, NECPE, & on-line marketing subject to updated changes. Financial info available upon request. CASH ONLY or Cash-like Hard Money Loan. PROOF OF CASH or Hard-Money PRE-APPROVAL required to schedule showing. ***NO OWNER-FINANCING.***
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning COMM-N
Interior
Inclusions Additional Buildings,Equipment,Garage,Land/Building/Business,Furnishings
Exterior
Parking Features Parking Spaces 21+,Paved
Garage Description Parking Spaces 21+,Paved
Utilities Available Cable,Cable - At Site,Cable - Available,Multi Phone Lines
Roof Type Shingle - Asphalt
Building
Sewer Private,Septic