124 132 Main Street - Hospitality FOR SALE


Errol, NH 03579
$975,000 USD
603-224-0700
124 132 Main Street, Errol, NH for Sale
$975,000 USD
Hospitality - FOR SALE
1/63
null | 15.89% Cap Rate

124 132 Main Street
Errol, NH 03579


HIGHLIGHTS

  • Direct Trail Access for ATV's and Snowmobiles
  • Repeat customers book months in advance
  • Live/work opportunity w/ single family residence

OVERVIEW

For Sale: Turnkey 11-Unit Motel with Owner’s Residence – Errol, NH Price: $975,000 Property Type: Hospitality / Motel Building Size: 4,280 SF Lot Size: 0.72 Acres Units: 11 Motel Units + 1 Single-Family Home (Owner’s Quarters) Zoning: Commercial Location: 124 - 132 Main Street, Errol, NH 03579 Property Overview Exceptional opportunity to own a profitable 11-unit motel with on-site residence, located in the highly desirable town of Errol, New Hampshire, right in the center of the Great North Woods. Situated on a heavily traveled stretch of Main Street, this property offers direct snowmobile trail access from the rear lot and immediate ATV trail access from the front to the Ride The Wild — New England’s largest ATV trail network with over 1,000 miles of trails. This turn-key business benefits from strong seasonal tourism and outdoor recreation, drawing year-round traffic from snowmobilers, ATV riders, fishermen, hikers, kayakers, and nature lovers. Motel Features Units 1–8: Standard guest rooms with two full-size beds, private bathrooms (with showers), mini-fridges Unit 9: Single queen-bed unit with bathroom, mini-fridge & microwave Units 10 & 11: Efficiency suites with two full-size beds, kitchenettes, cooking utensils, dining tables & bathrooms All rooms include TV’s, wifi, a/c and feature knotty pine walls and rustic country charm Fully air conditioned, clean, and well maintained Owner’s Residence 2-bedroom, 1 & 3/4-bath single-family home Spacious living space with private entrance 2-car garage w/ plenty of room for storage Ideal for year-round owner-occupancy or property management Live and work on-site, or lease separately for added income Parking & Access Large parking area Easy access for guests with trailers, snowmobiles, ATVs, boats, or RVs Strong visibility and access on Main Street Direct access to snowmobile trails Direct access to ATV trails Investment Highlights Turnkey motel operation with loyal repeat clientele Live/work opportunity with included home Direct access to snowmobile & ATV trail systems Year-round demand driven by outdoor adventure tourism Upside potential through marketing, short-term rental expansion, or additional services

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$228 USD /SF

# OF ROOMS

11

PRICE/ROOM

$88,636 {currency}

CAP RATE

15.89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Errol Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kelli YorkBhhs Verani ConcordMore Info
603-224-0700

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Kelli YorkBhhs Verani ConcordMore Info
603-224-0700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.