2626 East Main Street
Conway, NH 03813
MLS ID# 4802432 Active
Hospitality
$1,395,000
Details for 2626 East Main Street, Conway NH 03813
The Saco River Motor Lodge is set between the tourist hub of the Mount Washington Valley and Fryeburg, Maine and benefit from being the sole Motor lodge to service the neighboring area. The property has 7 2 and 3 bedroom suites with kitchenettes, 12 traditional motel room and 5 long term rental apartments as well as an over sized two car garage. Purchased in 2002 the property has had extensive upgrading and renovations. There are several local events and businesses that regularly refer guest to SRML due to its convenient proximity to their locations. These sources account for approximately 64% of their short terms rental income. There are also a strong following from the winter recreational guests. Since purchased the pool area was enlarged and upgraded, a playground was added, along with outdoor barbeques and fire pits. All rooms were upgraded with new A/C, carpet, mattresses, flat screen TV’s and everything was repainted. The property has shown steady growth in gross revenue and solid maintenance and improvements continue. Call Jim Doucette for details, 603 986 6555
Features and Details
- Category Commercial
- Type Hospitality
- Village/Neighborhood
- County Carroll
- Lot Size 129373
- Acreage 2.97
- MLS ID# 4802432
- Apx Bldg SqFt
- 12000
- Basement
- Concrete, Concrete Floor, Partial, Stairs - Interior, Unfinished, Yes
- Building #
- 3
- Parking
- Off Street, Paved, Unassigned
- Lot Description
- Landscaped, Level
- Siding
- Vinyl Siding, Wood Siding
- Total
- Units: 24
- Utilities
- Cable - At Site, Gas - LP/Bottle, High Speed Intrnt -AtSite, Multi Phone Lines, Telephone At Site
- Water
- Drilled Well, On-Site Well Exists, Private
- Sewer
- 1500+ Gallon, Leach Field, Leach Field - Off-Site, On-Site Septic Exists, Private
- Zoning
- Residential
- Location
- Mountain, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Rural, Near Hospital, Near ATV Trails
- Property Types
- Hospitality
- Property Type Use
- Lodging
- Deed
- Book: 2944, Page: 132
- Foreclosed/Bank-Owned
- Foreclosed/Bank-Owned: No
- Delayed Showings
- No
- Sale Includes
- Equipment, Inventory, Land/Building/Business
- Sale Type
- Sale