About 626 West Main Street
4/28/2025 NEW LISTING. $$$ CASH COW GREAT INVESTMENT! 20%+ CAP RATE Potential. 17 Units Total: 13 Unit Motel, 2 BR Owners Qtrs, Office/common space units, 2 Studio Apts above Garage. 8.82 TOTAL ACRES includes 128 Dam Road Land Parcel. High demand for weekly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St, & pics don't show lot lines for 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential & lots of other uses. Check with Town Zoning. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS. MLS, NECPE, & on-line marketing subject to updated changes. Financial info available upon request. CASH ONLY or Cash-like Hard Money Loan. PROOF OF CASH or Hard-Money PRE-APPROVAL required to schedule showing. ***NO OWNER-FINANCING.***
Features of 626 West Main Street
MLS® # | 5038155 |
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Price | $1,550,000 |
Acres | 8.82 |
Year Built | 1830 |
Type | Commercial |
Sub-Type | Commercial/Industrial |
Status | Active |
Community Information
Address | 626 West Main Street |
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Area | Hillsborough |
City | Hillsborough |
County | Hillsborough |
State | NH |
Zip Code | 03244 |
Amenities
Utilities | Cable, Cable at Site, Cable Available, Multi Phone Lines |
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Features | Furniture Included, Inventory Included, Living Space Available, Showers, Heat Included, In-Unit Bathroom |
Parking Spaces | 21 |
Parking | Parking Spaces 21+, Paved |
Is Waterfront | No |
Interior
Heating | Electric, Propane |
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Exterior
Roof | Asphalt Shingle |
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Additional Information
Date Listed | April 28th, 2025 |
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Days on Market | 168 |
Zoning | COMM-N |
Listing Details
Agent | Nick Turmel |
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Office | Tri-State Realty, LLC |