291 Endicott St N - Hospitality FOR SALE


Laconia, NH 03246
$3,950,000 USD
603-630-3343
291 Endicott St N, Laconia, NH for Sale
$3,950,000 USD
Hospitality - FOR SALE
1/191
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291 Endicott St N
Laconia, NH 03246


HIGHLIGHTS

  • operates at full strength with consistent maximum occupancy
  • Sweeping Lake Winnipesaukee views
  • extensive updates complete and a strong operational foundation

OVERVIEW

An iconic presence in the heart of the Lakes Region, Grand View Resort operates at full strength with consistent maximum occupancy—a testament to its reputation, premier location, and loyal guest following. This is more than a property purchase; it’s the acquisition of a thriving, turnkey hospitality business with proven performance, positioned along a high-visibility corridor with strong traffic counts between Laconia and Weirs Beach. Set on approximately 3± level acres, the immaculately maintained compound has undergone substantial renovations in recent years. The 12-unit hotel was taken down to the studs and thoughtfully rebuilt, offering the feel and efficiency of new construction while preserving classic Lakes Region charm. Two end suites feature full kitchens and private decks—perfect for sunrise coffee or golden hour lake views. The motel also includes a 2-car under garage for added convenience and operations. The 10-bedroom main house, complete with an office, offers exceptional flexibility—ideal as an owner’s suite, additional rental income, or a boutique hospitality experience with a historic bed-and-breakfast feel. The main living area showcases multi-million-dollar views of Lake Winnipesaukee, creating an unforgettable setting. Eight charming cabins and two beautifully renovated cottages blend character with modern comforts, offering a diverse mix of accommodations that keep guests returning year after year. The setting is nothing short of spectacular, with sweeping views from the Broads to Mount Chocorua and front-row seats to watch the MS Mount Washington pass by. Guests enjoy an Olympic-sized heated saltwater pool and patio overlooking lake and mountain vistas that define the New Hampshire experience. With extensive updates complete and a strong operational foundation, this is a rare opportunity to step into a flourishing business in one of the region’s most recognizable destinations—reimagined, revitalized, and ready for its next chapter.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$507 USD /SF

# OF ROOMS

22

PRICE/ROOM

$179,545 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grand View Motel & Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1972

PARKING SPACES

21

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

CR

APN/PARCEL ID

LACO-000144-000252-000004

ASK ABOUT THIS PROPERTY

Shannon CaseyKw Lakes And Mountains Realty/meredithMore Info
603-630-3343

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Shannon CaseyKw Lakes And Mountains Realty/meredithMore Info
603-630-3343

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