342 US-302 - Hospitality FOR SALE


Glen, NH 03838
$1,295,000 USD
603-387-6081
342 US-302, Glen, NH for Sale
$1,295,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

342 US-302
Glen, NH 03838


HIGHLIGHTS

  • Fully renovated 8,600 SF Victorian-era commercial property with modern systems and finishes.
  • Situated on 8.3 acres with exceptional frontage along US Route 302 in the Mount Washington Valley.
  • Features 12 bedrooms, 14.5 bathrooms, a two-bedroom owner’s apartment, and a full basement with 2,484 SF of additional space.
  • Recent upgrades include a new roof (2021), septic system (2018), mini-split HVAC units (2017), and updated interiors.
  • Includes a commercial kitchen with walk-in cold storage, fire sprinkler system, and 14 individually zoned HVAC units for full climate control.
  • Prime location near Attitash Mountain Resort, Story Land, and White Mountain National Forest, attracting year-round tourist traffic.

OVERVIEW

Prominent 2.5-story Victorian-era commercial property situated on 8.3 acres with exceptional frontage along US Route 302 in the heart of the Mount Washington Valley. Originally constructed in 1900, this 8,600 SF building underwent a comprehensive renovation in 2015 and features 12 bedrooms, 14.5 bathrooms, a two-bedroom owner's apartment, and a full basement totaling 2,484 SF of additional space. The building offers a gable and hip asphalt roof replaced in 2021, clapboard exterior with recent paint, hardwood and carpet flooring throughout, and drywall interior finishes. Climate control includes an oil-fired hot water heating system supplemented by 14 individually zoned mini-split HVAC units installed in 2017, providing 100% central air conditioning. The entire 7,933 SF living area is protected by a fire sprinkler system, and the property includes a fully equipped commercial kitchen walk-in with cold storage facility and a gas fireplace. Recent capital improvements include new mattresses (2022), updated smart TVs (2023), bathroom renovations, and fresh interior paint. A new septic system was engineered and installed in 2018 and the property is served by municipal water and features a paved driveway. The site is zoned town commercial on a level-to-rolling 8.3-acre parcel with delineated wetlands. The building includes a covered porch, outdoor grounds with gardens and walking paths, and dedicated parking. Located just 1.7 miles from Attitash Mountain Resort and Story Land, 7 miles from North Conway Village, and adjacent to the White Mountain National Forest, this property benefits from year-round tourist traffic in one of New England's premier four-season recreation corridors.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$150 USD /SF

# OF ROOMS

12

PRICE/ROOM

$107,917 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bernerhof Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1793

PARKING SPACES

29

LAND DETAILS

LAND ACRES

8.3 AC

LAND SF

361,548 SF

ZONING

Town C

APN/PARCEL ID

BART-002302R-T000000R-000167

ASK ABOUT THIS PROPERTY

Greydon TurnerPinkham Real EstateMore Info
603-387-6081

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Greydon TurnerPinkham Real EstateMore Info
603-387-6081

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