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    OFF-MARKET
    Commercial real estate

    859 Kearsarge Rd, Conway, NH 03860

    10,409 SF 5.7 ac lot Built 1860
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10,409 sq ft inn, nestled on a picturesque 5.7-acre lot in Conway, NH, presents a unique investment opportunity. Ideally situated near popular attractions like Storyland and Cranmore Mountain, this recently renovated property boasts a cozy yet spacious atmosphere, perfect for guests and staff alike. The inviting common areas offer ample space for relaxation and socializing, complemented by a private pool, pond, and brook. Recreational amenities include tennis courts (suitable for pickleball). An additional outbuilding provides space for smaller gatherings. The property includes multiple guest rooms, along with dedicated accommodations for staff and owners. Owner's quarters comprise a three-bedroom, two-bathroom apartment within the inn, plus a one-bedroom, one-bathroom unit for staff. A separate two-bedroom, two-bathroom unit offers further flexibility for guest or staff housing. The kitchen and dining areas have undergone recent upgrades, enhancing the overall guest experience. The innkeeper's quarters offer significant value. The property demonstrates consistent year-over-year growth, with further potential for expansion identified by the current owners. This presents a chance to become a vital part of the community while enjoying a rewarding lifestyle. The property's prime location and numerous amenities make it an attractive proposition for discerning buyers seeking a profitable and fulfilling venture.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1860
    Total area 10,409 SF
    Lot 5.7 ac (248,292 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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