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$7,350,000

  • Sold
  • Closed
  • Commercial
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This 58 unit Hampton Beach motel is completely turnkey with condominium conversion approvals in hand. A landmark of the area, the motel is just a block from the sand and has been meticulously maintained and updated by the current owners. Many possibilities for this property. Continue running the successful hospitality business with a 5 star TripAdvisor rating, sell the units as condominiums or do a mixture of both! Spread across 14 buildings on a 1.3 acre lot surrounding an in-ground pool, the property consists of 34 standard hotel rooms; 19 units within detached cottages/duplexes; 4 suites; and an owners apartment. Ample parking with on-site spaces for every unit. Improvements include cosmetic renovations of all hotel rooms, structural enhancements and upgraded utilities. Check out the amazing reviews online and then come see all this wonderful property has to offer.

Full Property Details for 40 Ashworth Ave

General

  • Sold For: $7,350,000
  • Taxes: $47,886 (2022)
  • Status: Closed
  • Type: Commercial
  • Source: PrimeMLS
  • MLS ID: 4955292
  • Added to Site: 995 day(s) ago

Parking

  • Parking: Parking Spaces 21+, Paved, Covered

Location

  • County: Rockingham

Heating & Cooling

  • Cooling Type: Wall AC Units
  • Heating Type: Electric, Forced Air
  • Heating Fuel: Electric, Gas - Natural

Utilities

  • Sewer: Public
  • Water: Public

Structural Information

  • Construction: Wood Frame
  • Exterior Const.: Vinyl Siding
  • Roof: Shingle - Asphalt
  • Square Feet: 25,256
  • Year Built: 1940

Unit Information

  • Units in Building: 58

Lot Features

  • Lot Size (Acres): 1.3
  • Lot Size (Sq. Ft.): 56,628
  • Frontage: Yes Road Frontage
  • Frontage Feet: 50
  • Zoning: BS
  • Lot Description: Level, Water View

Water Features

  • Water View: Yes
  • Water Front Type: Stream

Financial Considerations

  • Price Per Sq. Ft.: $291.02
  • Tax Amount: $47,886
  • Tax Year: 2022

Timeshare

  • Fractional Own: Adequate

Disclosures and Reports

  • Documents Avail.: Certificate of Occupancy, Deed, Tax Map, Town Approvals
  • Flood plain: Yes

Listed and Sold by Harris Real Estate, Alex Loiseau

Listed and Sold by Harris Real Estate, Alex Loiseau

Listing agent

— 40 Ashworth Ave —

  • Alex Loiseau

    Harris Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 Ashworth Ave

School District:Hampton School District
NameGradesDistance
Adeline C. Marston School
4 Marston Way, Hampton, NH 03842
3-52.1 mi
Hampton Centre School
53 Winnacunnet Road, Hampton, NH 03842
PK-22.1 mi
Hampton Academy
29 Academy Avenue, Hampton, NH 03842
6-82.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Ashworth Ave

Date
Details
Price
Change
Source
12/20/2023
Sold
$7,350,000
-2%
MLS
6/01/2023
Listed
$7,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Harris Real Estate, Alex Loiseau

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40 Ashworth Avenue, Hampton, NH 03842 (MLS# 4955292) is a Commercial property that was sold at $7,350,000 on December 20, 2023. Want to learn more about 40 Ashworth Avenue? Do you have questions about finding other Commercial real estate for sale in Hampton? You can browse all Hampton real estate or contact a Coldwell Banker agent to request more information.