75 Ocean Blvd Hampton, NH 03842

This exceptional oceanfront property in Hampton, New Hampshire presents a unique redevelopment opportunity. Located at 75 Ocean Blvd, at the intersection of L Street and Ocean Boulevard, this 21,500 square foot site boasts a prime location directly on Hampton Beach. The existing structure, built in 1958 and renovated in 2019, currently sits vacant and offers significant potential for various uses. Permitted zoning is BS Beach Seasonal, allowing for flexibility in development plans. The property includes a single building with 30 keys, 50 parking spaces, and an additional 60 square feet of air rights. The lot size is 19,352 square feet. This is a rare chance to acquire a substantial hospitality asset with direct ocean frontage, ideal for a hotel, multi-family residential, condominium complex, casino, or restaurant development. The property's existing infrastructure provides a solid foundation for a new project, minimizing initial investment costs. This redevelopment opportunity is poised to capitalize on the high demand for hospitality and residential properties in this desirable coastal location. The investment type is classified as redevelopment with a retail sub-type. This is a privately owned property.