Historic Inn for Sale

Hospitality for Sale
Catylist Listing ID: 30811575
Property Subtypes: Bed & Breakfast
Number of Units: 7 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $629,000
Unit Price: $89,857.14 Per Unit
Property Use Type: Business
Name of Establishment: The Admiral Peary House Inn Bed & Breakfast
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/16/2022

Overview / Comments

Unique opportunity to own a historic property in the heart of Fryeburg Village! With 7 freshly finished bedrooms all with private bathrooms plus anowner's quarters this home has room for all of your family and friends! The property has a very interesting history and was once the home of the Arctic Explorer AdmiralRobert E. Peary. Enjoy period features like secret passages, crown molding, a library , and built-ins as well as a large village lot. Currently run as a lodging property thishouse could be kept as a business or used as a private home. With 2 acres there is potential to add another house or to subdivide both subject to town approval. Manyopportunities for this historic inn in a great location!

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $7,008 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Oxford
Tax ID/APN: 17090_036-060
Zoning: VR COMMERICAL RESIDENTIAL
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Site Description: 2 acre level in town lot
Area Description: Fryeburg Village home to the Fryeburg Academy and close to all Mt Washington Valley activites near North Conway, NH.
Nearby Attractions: Fryeburg Academy, Saco River, Lakes, North Conway, Settlers Green Outlets, Skiing, Hiking
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1865
Construction/Siding: Wood Siding
Heat Type: Electricity, Propane
Heat Source: Baseboard, Wall Units, Other
Air Conditioning: Window Unit
Internet Access: Cable
Water Service: Municipal
Sewer Type: Septic

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 801 3,022 5,458
Median Age: 35.43 41.91 43.97
Households: 281 1,196 2,214

Contact

Photograph of Listing Agent

Phil LaRoche

Coldwell Banker Lifestyles
NECPE Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.