Views
Listing Provided Courtesy Of:
Peter Nightingale with KW Lakes and Mountains Realty/Meredith.
Address
529 Route 3 N Carroll, NH
Price
$ 160,000
Property Attributes
  • MLS#4689903
  • TypeCommercial
  • CountyCOOS
  • CityCarroll
  • AreaCoos
  • Zip03598
  • StyleHospitality
  • Year Built1940
  • Taxes$ 4867
  • Price$ 160,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6462
  • Lot Size5.19 Acres
Listing Provided Courtesy Of:
Peter Nightingale with KW Lakes and Mountains Realty/Meredith.
Data Source:
New England Real Estate Network
Property Description

Here's a rare opportunity to own your own Hotel/Motel restaurant. This was a functioning restaurant and rental business until approximately 2 years ago. Previous owners personal situation caused them to move away and leave the property empty. The building needs an extensive renovation. 2 of the 11 units have been partially renovated. Fire chief and Planning board require some updates to get the building into compliance. As an added bonus there is a restaurant with some equipment worth cleaning and rehabbing. Other equipment would be better to replace. 7 sleeper sofas and matching chairs have recently been purchased for the rooms once renovated. This property would make a fantastic airbnb vacation rental property or return it to a 3 story hotel and live in the 3 BR 2 Bath owners quarters. A complete fire code analysis has been done and the Planning board process has been completed to re-open as a hotel and restaurant. Any change in usage would require new approval. Lack of funds causes me to put this and another real estate investment for sale. Once one sells I will keep the other one to complete. Owner is a licensed real estate agent.

Price History
5/2/2018 Listed $245,000
5/25/2018 7% - $229,000
8/28/2018 5% - $219,500
11/1/2018 7% - $205,000
7/30/2019 6% - $194,500
11/6/2019 8% - $180,000
5/29/2020 12% - $160,000

General Features

Assessment Amount 255751
Basement Yes
Construction Wood Frame
Cooling None
Features - Commercial Fire System
Flood Zone Unknown
Heating Baseboard, Radiator
Listing Area NH-Coos
Parking Parking Spaces 11 - 20
Price Per Sq Ft 24.76
Road Frontage Yes
Roof Metal, Shingle - Asphalt
Sewer Leach Field - On-Site
Status Active
Tax Year 2016
Type Commercial Sale
Utilities Cable, Internet - Cable, Telephone At Site
Water Community
Year Built 1940
Zoning R

Interior Features

Basement Access Type Interior
Basement Description Unfinished
Heating Fuel Oil
Total Number of Units 11

Exterior Features

Exterior Clapboard, Combination
Foundation Concrete, Post/Piers, Stone
Lot Description View
Lot Size Area 5.19
Road Frontage Length 285

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 03598

Statistics provided by Inside Real Estate

Price
AVG $140K
$160K
Taxes
AVG $4,279
$4,867
Visits
AVG 50
105
Year Built
AVG 1923
1940
Walkscore
AVG 29
10
Data Provided by Walkscore ® not using MLS data

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