Building Details

Building Size 1,420 SF

Year Built 1920

Listing Agency: Elliot Hansen Associates e***@elliothansen.com Show Phone

Listed By: Elliot Hansen Show Phone

Source: Elliman

Added: May 14 Changed: Aug 8 Last Checked: Jul 16 at 9:24AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elliot Hansen Associates

Investment Insights

Based on property information with market context.

This 7-acre property features 700 feet of frontage along Route 103 and is located in a business zone. The property offers views of Lake Sunapee and the surrounding mountains. Existing structures include a three-bedroom, two-bath cottage, a guest house, and a workshop/storage building. The property is suitable for development into housing, business, retail, or condominiums, or for use of the existing structures. It is one of the largest undeveloped parcels at the base of Mt. Sunapee in Newbury. The location offers proximity to Sunapee Mountain Resort and Ski Area, the State Beach on Lake Sunapee, and Salt Hill Pub, all within walking distance. The property abuts Lake Sunapee State Park Beach and benefits from a location with good traffic count. The bike score is 7, indicating it is somewhat bikeable, and the walk score is 5, indicating car-dependent.

Key Highlights

• 7 acre property with 700 feet of frontage on Route 103 in a business zone.
• Enjoy views of Lake Sunapee and the mountains.
• Located at the base of Mt Sunapee, walking distance to Sunapee Mountain Resort and Ski Area, State Beach on Lake Sunapee, and Salt Hill Pub.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26

Businesses Nearby

Explore this area Business Placement

Demographics for 03255, NH

2,158

Population

1,532

Households

1.4

Avg Household Size

53

Median Age

59%

College-Educated

98%

High-School Grad

35.8 sq mi

ZIP Area

60

Density / Sq Mi

$123,167

Median Household Income

$68,050

Median Earnings

$514

Median Rent

$440,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 7-acre property near Lake Sunapee with development potential.

Where is this commercial land located?

The property is located at 21 Hospitality Way Newbury, NH.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: 7 acre property with **700 feet of frontage on Route 103** in a business zone.; Enjoy **views of Lake Sunapee and the mountains**.; Located at the base of Mt Sunapee, walking distance to Sunapee Mountain Resort and Ski Area, State Beach on Lake Sunapee, and Salt Hill Pub.