Mountain Homes Realty
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626 west main street

Hillsborough, NH 03244

8.81 AC LOT
Land
Image 1
Acreage 8.82
Status Off Market
MLS # 5038276
County Hillsborough
More Info
Category Land
Status Off Market
Acreage 8.82
MLS # 5038276
County Hillsborough
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.***
Location not available

Exterior Features

  • Garage No
  • Water Drilled Well,Private
  • Sewer Private,Private Available
  • Lot Description Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Corner, Country Setting, Curbing, Level, Major Road Frontage, Mountain View, Neighbor Business, Trail/Near Trail, View, Walking Trails, Wooded, Near Hospital, Near ATV Trail

Neighborhood & Schools

  • School Disrict Hillsboro/Deering SAU #34
  • Elementary School Hillsboro-Deering Elementary
  • Middle School Hillsboro-Deering Middle
  • High School Hillsboro-Deering High School

Financial Information

  • Zoning COMM-N