Commercial for Sale: 198 Ashworth Avenue, Hampton, NH 03842

$4,900,000
$4,900,000
198 Ashworth Avenue, Hampton, NH 03842
$4,900,000
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Price:
$4,900,000

Type Commercial
Lot Size 0.65 acres
Year Built 1980
Taxes Paid $27,870

City Hampton
County Rockingham

MLS 5024757
Status Active
DOM 1 days
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.

Lot & Building Features

Utilities Cable, Gas - Underground
Construction Vertical Siding, Wood Frame
Heating Baseboard
Parking Description On-Site, Under, Paved, Parking Spaces 21+
Sewer Public
Tax Year 2024
Taxes Paid $27,870
Water Public
Foundation Poured Concrete
Lot Description Condo Development, Neighbor Business, Near Shopping
Roof Membrane, Shingle - Architectural

Price History of 198 Ashworth Avenue, Hampton, NH

Date Name Price Difference
12/17/2024 Listing Price $4,900,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 198 Ashworth Avenue, Hampton, NH

Location Map Street View
Photo of Keating & Co Realty
Direct: 603-785-3907
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by McGuirk Properties, LLC, Tom McGuirk
$
20%
0.56877551020408%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

198 Ashworth Avenue (MLS #5024757) is a commercial listing located in Hampton, NH. This commercial listing is on a lot of 28,314 sqft (or 0.65 acres) and is 44 years old. This property was listed on 12/17/2024 and has been priced for sale at $4,900,000.

Nearby zip codes are 01952, 03840, 03842 4239, 03844 and 03874. This property neighbors other cities such as Hampton Falls, North Hampton, Rye, Salisbury and Seabrook.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: McGuirk Properties, LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/18/2024