Properties

Property Description

The Saco River Motor Lodge is set between the tourist hub of the Mount Washington Valley and Fryeburg, Maine and benefit from being the sole Motor lodge to service the neighboring area. The property has 7 2 and 3 bedroom suites with kitchenettes, 12 traditional motel room and 5 long term rental apartments as well as an over sized two car garage. Purchased in 2011 the property has had extensive upgrading and renovations. There are several local events and businesses that regularly refer guest to SRML due to its convenient proximity to their locations. These sources account for approximately 64% of their short terms rental income. There are also a strong following from the winter recreational guests. Since purchased the pool area was enlarged and upgraded, a playground was added, along with outdoor barbeques and fire pits. All rooms were upgraded with new A/C, carpet, mattresses, flat screen TV’s and everything was repainted. The property has shown steady growth in gross revenue and solid maintenance and improvements continue.

Property Details
Active
$19, 510
2020
0
Residential
129, 373 Sqft
Yes
$116
388
Yes
Location
2626 East Main Street
NH-Carroll
Conway
NH
03813
NH-Carroll
No
Located on Route 302, (AKA East Main Street), 1.4 west from the Maine State Line and 2 mile east of the Village of Center Conway.
Exterior
: Paved, Off Street, Unassigned
Concrete
0
Landscaped, Level
Interior
: Concrete, Stairs - Interior, Unfinished, Partial, Concrete Floor
Room Details
Equipment, Inventory, Land/Building/Business
Utilities
1500+ Gallon, Leach Field, Leach Field - Off-Site, On-Site Septic Exists, Private
Drilled Well, On-Site Well Exists, Private
Cable - At Site, Gas - LP/Bottle, High Speed Intrnt -AtSite, Multi Phone Lines, Telephone At Site
Listing Info
James
Doucette
Jim Doucette Real Estate, LLC

Commercial Sale

2626 East Main Street, Conway, New Hampshire 03813

2.97 Acre
$1,395,000
Jim Doucette Real Estate, LLC
James Doucette
MLS # 4802432
Basic Info
Property Type : Commercial
Listing Type : For Sale
Price : $1, 395, 000
Lot Area : 2.97 Acre
MLS # : 4802432
Days On Market : 386
Agent info
Cowan & Zellers
Contact Agent