1858 White Mountain HighwayConway, NH 03860MLS Number 4691974

  • Sale Price: $2,300,000
  • 48 Days Since Sale
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Federal 30-year interest rate: 4.31% last updated on Mar 14, 2019
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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 5.1Acreage
  • 1930Year Built
  • 11005Square Feet

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Listed by Bayard Kennett of RE/MAX Presidential

Listing Sold by RE/MAX Presidential

IT'S ALL ABOUT THE LAND AND LOCATION. Once a traveler and family destination right in the heart of North Conway, Junge's (“Young's”) Motel has welcomed guests as if they were family for almost 70 years. Now it's time to move on. The Junge family of innkeepers is retiring and offering their property for redevelopment. In its hay day half a century ago, Junge's Motel and several competing single story motels on the North Conway “strip” were full from spring through the next ski season. If the winter was snowy, motel owners might get away for a brief breather in the infamous “mud season.” Starting just after Memorial Day, another vacationer season would kick into gear. While the Junge's 1960 style motel units are still well cared for and inviting, the emergence of today's modern hotels with family suites, indoor pools, and convenient food service has captured market share from the older style motels. In today's market the value of the land fronting on Route 16 is much too precious to support an aged motel. Taxes on the land alone are a strong impetus to redevelop vs. upgrade. The Junge land is one of the prime redevelopment parcels on Route 16. Scraping the site of the existing buildings will yield 5.1 acres of buildable land with two curb cuts, gently sloping terrain, municipal water and sewer services, and a variety of neighboring national and regional retail and hospitality names.

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1930
  • ConstructionWood Frame
  • Units28
  • FoundationBlock, Slab w/ Frost Wall
  • Square Feet11005
  • Available Sqft11005
  • BasementConcrete, Concrete Floor, Crawl Space, Daylight, No Tenant Access, Partially Finished, Stairs - Interior, Storage Space, Unfinished
  • Rail Available Y/NNo

Exterior

  • ExteriorBrick, Clapboard
  • RoofShingle - Asphalt

Utilities

  • FuelOil
  • Heating CoolingBaseboard, Hot Water
  • Phone CompanyConsolidated Comm.

Basic Information

  • Virtual TourClick Here
  • StatusSLD
  • Date Listed2018-05-11T00:00:00
  • Modification Date02/01/2019
  • TypeHospitality
  • List Price$2,150,000
  • Agent NameKennett
  • Broker NameRE/MAX Presidential
  • Listing Agent NameBayard Kennett
  • Lister Office NameRE/MAX Presidential
  • Seller Office NameRE/MAX Presidential
  • Selling Agent NameBayard Kennett
  • MLS Number4691974

Photos

  • Number of Photos13

Other

  • bloggingNo
  • AC percent90
  • Book455
  • Transport AccessMajor Road Access, State Highway
  • Page254
  • Delayed ShowingsNo
  • View Count53

Location

  • Building Number1858
  • StreetWhite Mountain
  • VillageNorth Conway
  • TownConway
  • StateNH
  • Zip03860
  • CountyCarroll
  • Map235

Property

  • Acreage5.1
  • Property TypeCommercial Sale
  • AreaBusiness District, Commercial Zoning, Near Golf Course, Near Shopping, Near Skiing
  • Lot Sqft222156
  • Road Frontage610
  • Traffic Count17000
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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 20, 2019.

 

 

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