For Sale
$4,900,000

198 Ashworth Ave Hampton, NH 03842

44-Unit Motel, Prime Beach Location, High Potential

Overview

Added:
Feb 3
Days on market:
84
This exceptional 44-unit motel in Hampton Beach, NH, presents a compelling investment opportunity. Situated on a 0.65-acre lot with dual frontage on Ashworth Avenue and Whitten Street, the property boasts four buildings totaling 14,908 square feet. The motel includes a manager's residence with an office and storeroom, enhancing operational efficiency. Amenities include a spacious courtyard with picnic tables and grilling stations, and a refreshing pool area. The property enjoys a strong rental history with numerous repeat guests, indicating consistent demand. The well-maintained units are attractively sized and offer potential for upgrades to create a boutique motel experience. Located in the heart of Hampton Beach, the motel benefits from proximity to shops, restaurants, and the highly desirable Island Section beach. The property is zoned for building heights up to 50 feet, opening doors to significant future development possibilities, especially given the panoramic views showcased in available drone photography. Ample parking is available for guests and staff. This unique property offers immediate return potential and long-term growth prospects in a thriving beach community. The asking price is $4,900,000.

Property Details for 198 Ashworth Ave

Property type
Commercial real estate
Square Feet
14,908 SF
Year Built
1980
Lot Size (sq. ft)
28,314 SF

Location Insight

City
Hampton
County
Rockingham
State
New Hampshire
Latitude
42.90182
Longitude
-70.81548

FAQs

What type of property is this?
Commercial real estate - 44-Unit Motel, Prime Beach Location, High Potential
Where is the commercial real estate located?
The property is located at 198 Ashworth Ave Hampton, NH.
What is the asking price?
The asking price for this property is $4,900,000.
How can I contact the broker?
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198 Ashworth Ave
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