Investment Highlights:
-Approximately 7-acre hospitality redevelopment site in the heart of New Hampshire’s White Mountains.
-Approved plans and complete construction drawings available with 60 keys motel and functional hall(Over 300 people).
-Designed could be used as hotel or motel.
-Major site work is reportedly about 70% complete, including a workable septic system.
-All engineering and environmental requirements are completed.
-Existing access to electricity and water line on site.
- Existing annex building includes 11 motel rooms with septic system needs renovation or reconstruction.
-Old motel building is positioned for demolition and reconstruction.
-Located next to Twin Mountain Airport and near major White Mountains tourism attraction.
-Bretton woods resort, mount Washington motel, loon mountain ski resort and mount Washington cog rail(train) to summit. All within short driving distances.
Executive Summary:
This is a rare chance to acquire a large-scale motel redevelopment site in Carroll, New Hampshire, serving the Twin Mountain and greater White Mountains tourism corridor. Positioned on approximately 7 acres at 233 US-3, the property offers a compelling combination of location, scale, and redevelopment possibility for a motel and /or hotel development. Out of 60 motel rooms 14 larger rooms have kitchenetts.
The site includes two existing buildings. The annex structure includes 11 rooms and separate utility connections, creating potential for renovation, interim use, or incorporation into a broader redevelopment plan. The main 60-room building is suited for demolition and reconstruction, there are no newer motel construction done this area for a very many years.
Property Overview:
Property Type: Hospitality / Motel or Hotel Redevelopment Site
Location: 233 US-3, Carroll, NH 03598
Asking Price: $1,700,000 or best offer
Site Size: Approximately 7 acres
Existing Building: Main building with 60 keys, manager’s 2-bedroom apartment unit and additional annex building with 11 rooms
Utilities / Site Work Electricity and water line on site; septic system in place (need enlargement). Minimum sitework is needed. Adequate parking and lawn space is big enough for a soccer field.
Redevelopment Opportunity:
Few hospitality sites in this region offer both meaningful acreage and a partially advanced development position. With planning work reportedly completed and utility infrastructure already present, a buyer may be able to shorten the path from acquisition to execution compared with a raw land opportunity.
This property is especially attractive for buyers seeking to capitalize on year-round demand generated by the White Mountains region, including outdoor recreation, scenic tourism, ski traffic, and Mount Washington visitation. The combination of scale, visibility, and optionality makes this an appealing platform for a signature hospitality project.
Location Overview:
-Situated in Twin Mountain / Carroll, a well-known gateway to the White Mountains region.
-Adjacent to Twin Mountain Airport.
-Near to Route 302, Bretton Woods resort, loon mountain ski resort, cannon mountain ski resort and the mount washington historic hotel.