10-Unit Motel with Lake
For Sale
$2,595,000
435 South Mayhew Turnpike, Hebron, NH 03241
Rebuilt hospitality property includes redesigned guest rooms, a lounge, and a coffee shop.
Property Size4,892 SF
Lot Size19.50 Acres
Price / SF$530.46
Days on Market39
Property Features for 435 South Mayhew Turnpike
General Information
Standard status
Active
Size
4,892 SF
Lot size
19.50 Acres
Additional Details
Business Included
Yes
Amenities
curated lounge
full coffee shop
deeded lake access
Building Details
Year Built
1957
Abandoned
No
Listing Agency:
KW Coastal and Lakes & Mountains Realty/Wolfeboro
(866) 525-3946
Listed By:
Adam Dow · License #056660
Source:
603propertygroup
Added: Jul 21
Changed: Aug 28
Last Checked: Aug 28 at 12:43PM
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 KW Coastal and Lakes & Mountains Realty/Wolfeboro
Investment Insights
Based on property information with market context.
The Kelby Motel is a 10-unit lodging property on 19.5 acres in Hebron, New Hampshire. Originally built in 1957, the property has been rebuilt and expanded with redesigned guest rooms, a guest lounge, and a full coffee shop. The improvements emphasize durable construction, operational efficiency, and a cohesive Nordic-inspired design approach.
The property includes deeded access to Newfound Lake and overlooks the lake with mountain views toward the foothills of the White Mountains. Its setting within New Hampshire’s Lakes Region provides access to boating, hiking, fall foliage, and winter sports. The property has operated for two seasons following its transformation and is positioned for continued hospitality use with existing guest accommodations and service-oriented improvements.
The property includes deeded access to Newfound Lake and overlooks the lake with mountain views toward the foothills of the White Mountains. Its setting within New Hampshire’s Lakes Region provides access to boating, hiking, fall foliage, and winter sports. The property has operated for two seasons following its transformation and is positioned for continued hospitality use with existing guest accommodations and service-oriented improvements.
Key Highlights
- 10‑unit motel situated on 19.5 acres
- Deeded access to Newfound Lake
- Rebuilt and expanded property with 10 redesigned guest rooms
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03241, NH
953
Population
783
Households
1.2
Avg Household Size
61
Median Age
42%
College-Educated
95%
High-School Grad
37.0 sq mi
ZIP Area
26
Density / Sq Mi
$91,528
Median Household Income
$35,208
Median Earnings
$1,550
Median Rent
$401,800
Median Home Value
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Similar Off Market Nearby
- Hillside Inn Condos — 132 Mayhew Turnpike, Plymouth, NH 03264
Frequently Asked Questions
What type of property is this?
Motel - Rebuilt hospitality property includes redesigned guest rooms, a lounge, and a coffee shop.
Where is this motel located?
The property is located at 435 South Mayhew Turnpike Hebron, NH.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: 10‑unit motel situated on 19.5 acres; Deeded access to Newfound Lake; Rebuilt and expanded property with 10 redesigned guest rooms
