1. New Hampshire
  2. Hillsborough
  3. 626 West Main Street
$1,550,000

626 West Main Street, Hillsborough, NH 03244

  • 17 baths |
  • 9,726 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1830
  • Property Lot Size Icon8.82acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $159/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This listing courtesy of Nick Turmel, Tri-State Realty, LLC

4/28/2025 NEW LISTING. $$$ CASH COW GREAT INVESTMENT! 20%+ CAP RATE Potential. 17 Units Total: 13 Unit Motel, 2 BR Owners Qtrs, Office/common space units, 2 Studio Apts above Garage. 8.82 TOTAL ACRES includes 128 Dam Road Land Parcel. High demand for weekly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St, & pics don't show lot lines for 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential & lots of other uses. Check with Town Zoning. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS. MLS, NECPE, & on-line marketing subject to updated changes. Financial info available upon request. CASH ONLY or Cash-like Hard Money Loan. PROOF OF CASH or Hard-Money PRE-APPROVAL required to schedule showing. ***NO OWNER-FINANCING.***

Listing Status:
Active
Date Added:
April 28, 2025 at 05:00AM
Listing Office:
Tri-State Realty, LLC : 603-566-3073
Listing Agent:
Nick Turmel : 603-566-3073
MLS ID:
5038254
  • Basement: Crawl SpaceNoneSlab
  • A/C: Other
  • Heating: PropaneElectric

This listing courtesy of Nick Turmel, Tri-State Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hillsboro-Deering Elementary School

4 Hillcat Dr, Hillsborough, NH, 03244

Grades PK-5

2.44 miles away

H

Hillsboro-Deering Middle School

6 Hillcat Dr, Hillsborough, NH, 03244

Grades 6-8

2.37 miles away

H

Hillsboro-Deering High School

12 Hillcat Dr, Hillsborough, NH, 03244

Grades 9-12

2.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.