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    OFF-MARKET
    Motels

    337 Cottage St, Littleton, NH 03561-4121

    5,075 SF 6.94 ac lot Built 1964
    Entity Owned 18-yr Hold Free & Clear
    Property ID
    US58-0360243
    Property summary
    AI-generated overview

    This exceptional 6.94-acre parcel presents a spectacular development opportunity in Littleton, NH. Strategically located adjacent to Exit 41 of US Route 93, it boasts unparalleled highway visibility and convenient access. The property enjoys frontage on both Cottage Street and Bethlehem Road (NH Route 302), a major east-west thoroughfare. Access is facilitated by existing rights-of-way from both roads across an adjacent parcel. Currently, a non-operational motel structure sits on the site, offering potential for redevelopment or demolition. A pre-existing conceptual plan illustrates the feasibility of constructing a hotel and restaurant, catering to the needs of travelers visiting Littleton for business or leisure. The property's prime location and accessibility make it an ideal investment for developers seeking a high-impact project in a thriving area. The high traffic count from the highway and the major road access make this a rare opportunity for a high-return development. The existing motel structure, while currently non-functional, could potentially be repurposed or removed to make way for a new development. The conceptual plan, available for review, provides a solid foundation for future planning and development. This is a unique chance to capitalize on a highly visible and accessible location in a desirable New Hampshire town. The 6.94 acres provide ample space for a substantial development project. The property's location offers easy access to the many attractions and amenities of the Littleton area.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Year built 1964
    Construction FRAME
    Total area 5,075 SF
    Lot 6.94 ac (302,306 SF)
    Zoning code C-1
    APN LTLN M:93 B:43 L:
    UPID US58-0360243
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Eames Property Inv Co · 18 yrs held
    Eames Property Inv Co
    since 2008
    1 recorded transaction
    2008
    $82,000
    Zoning & alternative use
    C-1 · Littleton, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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