850 White Mountain Highway Conway, NH $ 2,100,000
850 White Mountain Highway
$ 2,100,000
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850 White Mountain Highway

Conway, NH, 03860
$ 2,100,000
Baths0.0 Sq 7,162

Monthly Estimate*

$ 13,957

Listed by Peter Metsch, KW Coastal and Lakes & Mountains Realty, 603-610-8500, petemetsch@gmail.com
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850 White Mountain Highway, Conway, NH 03860 - Image 2
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Studio

Commercial Property for sale in Conway, NH

for $2,100,000. This 7,162 square foot building was built in 1955 on a lot size of 3.1.

Nestled between Conway and North Conway, the Hitching Post Inn & Cottages has been providing lodging since the 1950's. With 13 motel-style units, 7 individual cabins and a single family caretaker's house that sits on 3.1 acres perched above the Saco River. The Hitching Post is currently being operated as an extended stay motel. Guests enjoy amenities such as on-site laundry, high speed internet, in-ground swimming pool and more. Investors will appreciate the impressive rent roll with additional value-add opportunities for the new owners. The current owners have addressed most of the major capital improvements as well as updating a lot of the units. New owners will enjoy collecting weekly rent with potential to add more cabins for even more revenue. Do not miss the opportunity to add this cash flowing gem to your portfolio.

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Commercial Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,536

Style

Business,Development,Hospitality,Investment,Multi

Lot Size

3.1

Year Built

1955

Town/City

Conway

County/Region

Carroll

MLS | Web ID

4983669

Features
Interior
Basement Description Unfinished
Basement Yes
Total Number of Units 19
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General
Road Frontage TBD
Sewer Public
Utilities Gas - LP/Bottle
Parking Off Street Parking Spaces 21+ Paved
Zoning RA
Status Active
Year Built 1955
Building Number 10
Tax Year 2023
Area NH-Carroll
Price Per Sq Ft Total 293.21
Tax Gross Amount 9536
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Exterior
Lot Size Area 3.1
Water Body Name Saco River
Water Body Type River
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* Excluded Features
List By
Peter Metsch

Listing Agent

Kw Coastal And Lakes & Mountains Realty

Broker

(603) 610-8500

Phone

petemetsch@gmail.com

Email

Affordability Calculator

$14,752
Per Month
95%
5%
0%
Monthly Principal & Interest
$13,957
Monthly Property Taxes
$795
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$2,100,000 Listed Price

Map


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850 White Mountain Highway, Conway, NH, 03860 is a Commercial Property for sale at $2,100,000 with 7,162 sqft and a lot size of 3.1. 850 White Mountain Highway is a studio with 0.0 baths and was built in 1955. The property's zip code is 03860 which is in Conway, NH