166 Main StreetLittleton, NH 03561MLS Number 4925343

  • Price: $1,700,000
  • 53 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
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Active
166 Main Street Littleton NH 03561
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  • 1.6Acreage
  • 1873Year Built
  • 10,707Square Feet

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Listed by John (Jay) Polimeno of Polimeno Realty
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.

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More Info

Basic Information

  • StatusACT
  • Modification Date08/13/2022
  • TypeHospitality
  • List Price$1,700,000
  • Broker NamePolimeno Realty
  • Listing Agent NameJohn (Jay) Polimeno
  • Lister Office NamePolimeno Realty
  • MLS Number4925343
  • MLS StatusActive

Utilities

  • FuelElectric, Gas - LP/Bottle
  • Heating CoolingBaseboard, Electric, Gas Heater - Vented, Hot Water

Other

  • View Count45

Location

  • Building Number166
  • StreetMain Street
  • TownLittleton
  • StateNH
  • Zip03561
  • CountyGrafton
  • Map78

Property

  • Acreage1.6
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, In Town
  • Lot Sqft69,696
  • Road Frontage132
  • Traffic Count5136

Building

  • Year Built1873
  • ConstructionWood Frame
  • NumberOfUnitsInCommunity23
  • FoundationConcrete, Stone
  • Square Feet10,707
  • BasementConcrete, Concrete Floor
  • Garage Spaces

Exterior

  • ExteriorVinyl, Wood Siding
  • RoofMembrane, Metal, Shingle - Asphalt
Loon Mountain Real Estate Co.
Loon Mountain Real Estate Co.
Office: 603-745-8112
60 Loon Mountain Road
Lincoln, NH 03251
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 5, 2022 7:55 AM EDT.

 

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