720 Kearsarge Road

Conway, NH 03860 / North Conway

MLS ID# 4751314 Active
Hospitality

$1,045,000



Details for 720 Kearsarge Road, Conway NH 03860

Here is an opportunity to live a dream that many have, and few realize! Own and operate this magnificent North Conway, New Hampshire residential housing complex with 17 inn-style rooms with private bathrooms, plus owners’ quarters. The tenants also enjoy the shared use of a spacious kitchen, a large living room, a beautiful dining room and a coin operated laundry. Expansion potential may be available. North Conway, NH has a strong 4-season labor force, and there is a shortage of quality housing in this region! The current owners have recently completed an extensive and very expensive renovation project. Starting from the foundation they have rebuilt the exterior front porch; a new roof was installed in 2015; several areas of the building were gutted and rebuilt; many electrical, plumbing and heating improvements and upgrades were completed; many areas were painted and new flooring installed. These are just a few of the improvements! The owners changed the business model from an Inn/Bed and Breakfast to a housing complex and built a thriving residential housing business with full-time leased tenants! Realize your dream of living and working in the White Mountains of NH. This turnkey operation has a full-time, live-in property / maintenance manager. The property could also be easily converted back to an Inn/Bed and Breakfast; or operate a hybrid. Owner has solid financials which are available on request to a qualified buyer. For more information or to make an appointment to view this property call Antonella Bliss 603-986-6886 (direct).

Features and Details

  • Category Commercial
  • Type Hospitality
  • Village/Neighborhood North Conway
  • County Carroll
  • Lot Dimensions 26572
  • Acreage 0.61
  • MLS ID# 4751314

Apx Bldg SqFt
7800
Basement
Unfinished, Yes
Heating
Steam
Parking
Parking Spaces 11 - 20
Lot Description
Country Setting, Level
Siding
Wood
Sprinkler
Wet
Equipment
Smoke Detectr-Hard Wired, Sprinkler System
Total
Units: 17
Features
Fire System, Furniture Included, Smoke/Heat Detectors
Utilities
Other
Water
Public
Sewer
Private
Zoning
Residential
Location
In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing
Property Types
Hospitality
Property Type Use
Business w/ Real Estate, Lodging
Transport Access
City Street, Paved
Deed
Book: 3296, Page: 432
Foreclosed/Bank-Owned
Foreclosed/Bank-Owned: No
Delayed Showings
No
Sale Includes
Land/Building/Business
Sale Type
Sale

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. Subject to errors, omissions, prior sale, change or withdrawal without notice.

This listing was last updated on 5/6/2021 9:05:45 AM.