1 Main StFranconia, NH 03580
- Commercial real estate
- 3,405 SF
Property Details for 1 Main St
- Year built
- 1900
- Lot size
- 5.20 AC
- Property size (Sq ft)
- 3,405 SF
- Zone code
- RES-B
- Property type
- Commercial real estate
- APN
- FRNC M:00005 L:000005 S:000000
- APU
- FRNCM00005L000005S000000
Description
Nestled in the heart of Franconia, New Hampshire, this exceptional property presents a unique investment opportunity. The Gale River Motel boasts breathtaking views of Cannon Mountain and Franconia Notch from every room, offering guests an unforgettable scenic escape. The property encompasses six acres of land, including a large, level field perfect for hosting events or gatherings. Adding to its appeal is significant frontage on the Gale River, providing a tranquil setting for relaxation. Beyond the main motel, two independent cabins offer additional accommodation options. The property includes a three-bedroom, two-and-a-half-bathroom house, ideal for on-site living or rental income. This turnkey operation comes complete with all necessary inventory and equipment, ensuring a seamless transition for the new owner. A substantial solar array provides 100% of the electricity for the main building and house, resulting in significant energy savings. The motel benefits from experienced on-site staff and a long history of positive guest reviews, ensuring consistent business. The property's zoning allows for a wide range of commercial and residential uses, presenting exciting possibilities for future development. This highly-rated business offers a rare chance to own and operate a historic Franconia establishment in one of New Hampshire's most picturesque locations.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $710,852
- Hospitality
- $651,137
- Educational
- $541,738
- Medical
- $560,370
- Retail
- $842,704
Location Insight
- City
- Franconia
- County
- Grafton
- State
- New Hampshire
- Latitude
- 44.2341
- Longitude
- -71.7556
- CBSA code
- 30100
- CBSA name
- LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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