Property summary
Nestled on 8.83 acres of beautiful land adjacent to the award-winning Hooper Golf Course in Walpole, New Hampshire, sits the Watkins Inn and Tavern. This historic property presents a unique opportunity to own a thriving turn-key business. The recently revitalized tavern boasts a sophisticated atmosphere, complete with a brand-new furnace and a state-of-the-art refrigerated room featuring a stylish tap system. The Inn/B&B offers meticulously updated guest rooms, each with its own private bathroom, seamlessly blending modern comfort with historical charm. Social rooms retain their period details, enhanced by a bar overlooking the golf course and stunning Vermont sunsets. Three dining rooms, plus an expansive three-season screened-in porch, provide ample space for weddings, functions, and large gatherings. Extensive parking is available, with room for additional outdoor event tents. The property also includes an inviting one-bedroom rental unit, ideal for supplemental income or on-site management, adding to the five bedrooms and seven bathrooms already present in the main building. A pro shop and barn are included, operating under a long-term lease with the Hooper Golf Course. This exceptional offering encompasses a total of 4,955 square feet and presents a compelling blend of business opportunity, historical significance, and significant income potential. The property's size and amenities make it an ideal location for a variety of events and functions. The potential for expansion on the expansive lot is also a significant advantage.
Property profile
VerifiedCap rate & NOI
Current use
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Golf Course
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Restaurant
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Nightclub Music Venue
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RUR R · Walpole, NHZoning
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Zoning designation
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