Commercial for Sale: 112-116 Ashworth Avenue, Hampton, NH 03842

$7,200,000
$7,200,000
112-116 Ashworth Avenue, Hampton, NH 03842
$7,200,000
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Price:
$7,200,000

Type Commercial
Lot Size 0.70 acres
Year Built 1968
Taxes Paid $45,942

City Hampton
County Rockingham

MLS 5024830
Status Active
DOM 4 days
Marguerite Motel Investors, Developers, and Operators—Take Notice! This well-maintained 58-unit motel is in the heart of Hampton Beach. Just a few blocks from Hampton Beach Casino; Playground; as well as shops, restaurants and attractions. This property has a proven track record with return guests. And high ratings online. It is one of the best run motels on Hampton Beach. This property consists of four buildings on two lots with a total of 58 motel units. Amenities include a grilling area and along with a spacious pool area. The rooms are well-sized, attractive, and recently updated. Business Seasonal Zone of Hampton Beach, which permits building heights of up to 50 feet. At that elevation, there is picture perfect views of the Hampton River as well as views of the Atlantic. 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 Mooring Drive. The Marguerite Motel is a truly unique property and a solid investment, offering significant potential for immediate returns or future development.

Lot & Building Features

Utilities Gas - Underground, Satellite
Construction Vertical Siding, Wood Siding, Wood Frame
Cooling Wall AC Units
Heating Baseboard
Parking Description On-Site, Under, Paved, Parking Spaces 21+
Sewer Public
Tax Year 2024
Taxes Paid $45,942
Water Public
Foundation Block, Poured Concrete
Lot Description Condo Development, Neighbor Business, Near Shopping
Roof Shingle - Architectural

Price History of 112-116 Ashworth Avenue

Date Name Price Difference
12/18/2024 Listing Price $7,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 112-116 Ashworth Avenue, Hampton, NH

Location Map Street View
Photo of Rachael Brennan
Rachael Brennan
Marketing Director
Direct: 413-446-6479
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by McGuirk Properties, LLC, Tom McGuirk
$
20%
0.63808333333333%
6.75%
$
$
$
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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112-116 Ashworth Avenue (MLS #5024830) is a commercial listing located in Hampton, NH. This commercial listing is on a lot of 30,492 sqft (or 0.70 acres) and is 56 years old. This property was listed on 12/18/2024 and has been priced for sale at $7,200,000.

Nearby zip codes are 01952, 03833, 03840, 03842 4239 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 12/22/2024