720 Kearsarge Road Village of North Conway in Town of Conway NH Commercial For Sale $1250000

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Call 802-295-1355

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720 Kearsarge Road Village of North Conway in Town of Conway NH
Listed by Pamela Adami KW Coastal and Lakes & Mountains Realty/N Conway

Description:

PRICE IMPROVEMENT! Located along Kearsarge Road in North Conway, the historic Isaac Merrill House offers a rare blend of Mount Washington Valley history, income potential, and future opportunity. Originally established in 1773 and long operated as a well-known bed & breakfast, the property is currently configured as a 17-room extended-stay rental property serving the area's workforce housing market. Generating over $212,000 in annual gross rental income, the property offers immediate cash flow with additional upside potential. Seller financing available for qualified buyers. Just minutes from Cranmore Mountain Resort, Story Land, Schouler Park, and North Conway Village, the location places residents and guests in the center of the valley's year-round recreation and activity. Continue the current rental model or explore future possibilities including group lodging, boutique inn operations, or reestablishing the property as a bed & breakfast, subject to local approvals. Showings scheduled in advance to accommodate current residents.
Sale Includes : Land/Building

Features:

Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0

Propery Information:

Construction Information:
Year Built: 1773
Wood Frame | Clapboard Exterior
Price Per SQ.FT. 160.26 No. of Units: 17
Building Size : 7800
Available SQFT : 7800

ExteriorRoof: Shingle

InteriorBasement: Unfinished

Land Information

Lot size: 0.61 acres
Zoned: RA
Flood Zone: Unknown
Road Frontage: 125
Road Frontage: 125
No. of Docks | 0.

UtilitiesHeating: Electric | Propane | Oil
Utilities: Cable
AC % | 0.

Additional Information

Taxes $11,681
Assesed Value Not Reported

Schools

565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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