166 Main Street
Littleton, NH 03561

MLS ID# 4925343 Active
Hospitality

$1,700,000

1.6 Acreage
69696 Lot SqFt


Details for 166 Main Street, Littleton NH 03561

Located in downtown Littleton, NH, consistently recognized as one of the best small towns in which to live in the United States, the Littleton Motel has been in operation since 1948 and is recognized as the oldest continually operating motel in New Hampshire. The current owner purchased the property in 2003 and has since converted 5 motel units into one-bedroom extended stay units; maintained 14 summer seasonal motel rooms; and continues to lease 3 one-bedroom apartments year-round on the second floor of the main house. The owner lives on the first floor of the main house in a two-bedroom, two bath, approximately 2100 square foot apartment, including the motel’s office and laundry room. The Littleton Motel is located in the heart of downtown Littleton, a Main Street Community, within easy walking distance of restaurants, shops, convenience stores, and local attractions. The seller has put together a proforma that he will share with qualified buyers should they want to convert all motel, extended stay, and main building apartments into vacation rental units. According to his proforma, both revenues and NOI will increase exponentially. A Confidential Executive Summary and financial analysis will be available to qualified buyers who complete and sign a Confidentiality Agreement.

Features and Details

  • List Date 08/13/2022
  • Category Commercial
  • Type Hospitality
  • Village/Neighborhood
  • County Grafton
  • Lot Dimensions 69696
  • Acreage 1.6
  • MLS ID# 4925343

Apx Bldg SqFt
10707
Basement
Concrete, Concrete Floor, Yes
Construction
Wood Frame
Building Name
Littleton Motel
Cooling
Wall AC Units
Heating
Baseboard, Electric, Gas Heater - Vented, Hot Water
Parking
Off Street, On-Site, Spaces 21+, Paved
Excluded
Personal property.
Lot Description
Major Road Frontage, Mountain View, Sidewalks, Sloping
Siding
Vinyl, Wood
Total
Units: 23
Features
Additional Outbuildings, Furniture Included, Inventory Included
Zoning
Commercial
Location
Commercial Zoning, In Town
Property Types
Hospitality
Property Type Use
Business w/ Real Estate
Delayed Showings
No
Sale Includes
Equipment, Inventory, Land/Building/Business, Outbuilding
Compensation (explained below)
Sub Agency: 0%, Buyer Agency: 2%, Non Agency Facilitator: 0%
Compensation Disclaimer
The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the NEREN MLS.
This listing was last updated on 8/13/2022 11:12:15 AM.