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Brie Stephens

[email protected] +1(603) 819-8071

Listed by Nick Turmel • Tri-State Realty, LLC

$ 1,550,000

Est. payment -/mo

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626 West Main ST Hillsborough, NH 03244

7,186 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,186 sqft

Price per Sqft $215

MLS Listing ID 5038254

Construction Status Existing

Year Built 1830

Annual Tax Amount $13,184

Tax Year 2023

Lot Size 8.820 Acres

Acres 8.82

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

Rooms

Basement Crawl Space, None, Slab

Interior

Cooling Other

Exterior

Garage Spaces 2.0

Garage Description Parking Spaces 21+, Paved

Utilities Available Cable, Cable - At Site, Cable - Available, Multi Phone Lines

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Slab - Concrete

Sewer Private, Septic

Architectural Style Apartment Building, Freestanding, Hotel, Multi-Family, Other

Construction Status Existing

Schools

Elementary Schools Hillsboro-Deering Elementary

Middle Schools Hillsboro-Deering Middle

High Schools Hillsboro-Deering High School

School District Hillsboro/Deering Sau #34

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Moultonborough, NH