198 Ashworth Avenue, Hampton, NH

$4,900,000

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0.65

Acres

About 198 Ashworth Avenue

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.

Features of 198 Ashworth Avenue

MLS® # 5024757
Price $4,900,000
Acres 0.65
Year Built 1980
Type Commercial
Sub-Type Commercial/Industrial
Status Active

Community Information

Address 198 Ashworth Avenue
Area Hampton
Subdivision Hampton Beach
City Hampton
County Rockingham
State NH
Zip Code 03842

Amenities

Utilities Cable, Underground Gas
Is Waterfront No

Interior

Heating Baseboard

Exterior

Roof Membrane, Architectural Shingle

Additional Information

Date Listed December 17th, 2024
Days on Market 300
Zoning BS

Listing Details

AgentTom Mcguirk
OfficeMcGuirk Properties, LLC

Listing Map

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