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$1,250,000
Est. payment /mo
7,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $160
MLS Listing ID 73485929
HOA Y/N false
Year Built 1773
Annual Tax Amount $11,681
Tax Year 2024
Lot Size 0.610 Acres
Acres 0.61
Property Description
PRICE IMPROVEMENT! The historic Isaac Merrill House presents a unique investment opportunity in the heart of North Conway. 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 Mount Washington Valley workforce housing market. Generating over $212,000 in annual gross income, the property offers immediate cash flow with future upside potential. Seller financing available for qualified buyers. Located on sought-after Kearsarge Road, just minutes from North Conway Village, Cranmore Mountain Resort, Schouler Park, Story Land, shopping, dining, and year-round recreation. The flexible layout offers multiple possibilities for future use, including continued workforce housing, group lodging, boutique inn operations, or potential conversion back to a bed & breakfast, subject to local approvals. Showings by appointment only to accommodate current residents.
Location
State NH
County Carroll
Area North Conway
Zoning RA
Direction Rte 16 N to Artist Falls Rd, Left on North-South, Right on Kearsarge. Property on Left in 1.5 miles
Exterior
Utilities Available Public Water, Public Sewer, Bottled Gas
Roof Type Shingle
Others
Senior Community false
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Listed by Keller Williams Coastal and Lakes & Mountains Realty