740 2 New Hampshire Tpke Francestown, NH 03043
- Land
- 30,000 SF
- 152.50 lot acres
Current Use by Public Records
- Land
Property Details for 740 2 New Hampshire Tpke
- Lot size
- 152.50 lot acres
- Property size
- 30,000 SF
- Property type
- Land
- Property subtype
- Hospitality properties
Description
This exceptional 152.5-acre property in Francestown, New Hampshire, presents a unique redevelopment opportunity. Currently featuring seven buildings, including 24 decommissioned timeshare units (12 one-bedroom and 12 two-bedroom units totaling 21,000 square feet), the property offers significant potential. The existing units, completed September 1, 2012, boast in-unit amenities such as washers/dryers, king and queen beds, fireplaces, and outdoor barbecue grills. The 30,000-square-foot complex sits on a sprawling lot, including two 28.5-acre wetlands, and is zoned for rural use. Its prime location, a 40-minute drive from Manchester, NH, and 90 minutes from Boston, MA, offers easy access to major metropolitan areas. The property's proximity to Crotched Mountain Ski Resort, an 18-hole golf club (with a front nine designed by Donald Ross), and the Toll Booth Tavern enhances its appeal. On-site amenities include hiking trails, a tennis court, and a children's playground. The asking price is $2,250,000 ($75 per square foot). This property is ideal for conversion into a hotel, vacation community, or single-family home development, capitalizing on its stunning views and convenient access to both summer and winter recreational activities. The motivated seller is eager to finalize a transaction.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Francestown
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.8676
- Latitude
- 43.0198
