529 3 N Rte, Carroll, 03598

REDUCED 5% Commercial - Commercial/Industrial For Sale

$194,500

Beds
Baths
Sqft
5.19Acres
1940Built
478DOM
MLS® #: 4689903
Active, 478 Days on Market

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.

Peter Nightingale, KW Lakes and Mountains Realty/Meredith.

Essential Information

MLS® #: 4689903
Price: $194,500
Bathrooms: 0.00
Acres: 5.19
Year Built: 1940
Type: Commercial
Sub-Type: Commercial/Industrial
Status: Active

Community Information

Address: 529 3 N Rte
Area: Carroll
City: Carroll
County: Coos
State: New Hampshire
Zip Code: 03598

Amenities

Utilities: Cable, Internet - Cable, Telephone At Site
Features: Fire System
Parking Spaces: 11
Parking: Parking Spaces 11 - 20

Interior

Heating: Baseboard, Radiator
Cooling: None

Exterior

Exterior: Clapboard, Combination
Lot Description: View
Roof: Shingle - Asphalt, Metal
Construction: Wood Frame
Foundation: Concrete, Post/Piers, Stone

Additional Information

Date Listed: May 2nd, 2018
Days on Market: 478
Zoning: R

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Listing information last updated on August 23rd, 2019 at 8:06pm EDT.