Bought with Scott Rome • Compass New England, LLC
$2,675,000
$2,500,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
7,383 SqFt
SOLD DATE : 11/29/2022
Key Details
Sold Price $2,675,000
Property Type Commercial
Sub Type Hospitality
Listing Status Sold
Purchase Type For Sale
Square Footage 7,383 sqft
Price per Sqft $362
MLS Listing ID 4929862
Sold Date 11/29/22
Year Built 1794
Annual Tax Amount $11,579
Tax Year 2021
Lot Size 1.120 Acres
Acres 1.12
Property Sub-Type Hospitality
Property Description
Trustee's Sale at AUCTION Windjammer By the Sea Motel Hampton, NH Online-only auction ends: Thursday, October 13th at 2:00 p.m. Selling to the highest bidder at or above $2,500,000. The owners have decided to retire, and now is the time for the next steward to take their place. The motel enjoys expansive ocean views and has been operating for more than two hundred years. This exquisite property is situated on Hampton's North Beach across from Bicentennial Park, just two miles north of Hampton Beach, home to the renowned Hampton Beach Casino Ballroom. North Beach is the sought-after location by locals and surfers alike for its relaxed atmosphere and excellent surfing. The Windjammer comprises twenty-two guest rooms, a first-floor garden apartment, and a basement apartment with full kitchens and bathrooms. Amenities include an in-ground swimming pool, a picnic area, and ample on-site parking with adjacent public parking. Each room is uniquely appointed; some include full kitchens or a kitchenette. The guest rooms rent up to $380 per night in season, with an owner-reported gross revenue of $420,000 for the 2021 season. Financials are available for review with the auctioneer. The property totals 1.12 acres in the Business-Seasonal zone, which allows for many permitted uses. (delayed showing 9/28 by appointment)
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning Business Seasonal
Body of Water Ocean
Rooms
Basement Entrance Interior
Basement Partially Finished, Storage Space
Interior
Heating Oil
Cooling Other
Exterior
Exterior Feature Clapboard, Wood Siding
Parking Features Off-Site, On-Site, Parking Spaces 11 - 20
Garage Description Off-Site, On-Site, Parking Spaces 11 - 20
Utilities Available Cable
Waterfront Description Yes
View Y/N Yes
View Yes
Roof Type Shingle - Asphalt
Building
Foundation Concrete, Granite
Sewer Public
Water Public
Others
Special Listing Condition Available Prior Viewing, Buyer Premium, Buyer Registration Reqd, Minimum Bid, Sold As Is
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