53 Parade Road

Hospitality for Sale
Catylist Listing ID: 30741057
Property Subtypes: Inn
Number of Units: 1 Units
Building Size (RSF): 5,280 SF
Gross Building Area: See Agent
Gross Land Area: 10.20 Acres
Sale Price: $879,000
Unit Price: $879,000 Per Unit
Property Use Type: Investment
Building Name: The Ballard House
Name of Establishment: The Ballard House
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2021

Overview / Comments

The Ballard House Inn at 53 Parade Road in Meredith, NH is available right now for you to call your home and business if you wish. As you can imagine, the rooms are booked steadily for the summer and fall of 2021, so if this is the business that you have dreamed of, let's take a look. This home sits on over 10+/- acres of land and directly abuts 178+/- acres of town owned conservation land with the most incredible hiking trails that offer miles of quiet exercise, beautiful view spots and a great trail system for your guests. The location just 2+/- miles from downtown Meredith makes this the perfect location for you and your guests. The views off the back of this home are really nice looking N/W towards Lake Waukewan and the hills beyond. The main building has a total of 18 rooms, not including the baths. There are 8 private guest rooms with private baths, 5 with electric fireplaces, 2 large suites on the upper level and a very generous, two floor owner's quarters. There are large rooms on the first floor for gathering, relaxing and dining. The open porch is sized perfectly and a place, I am sure, you will spend much time enjoying. The kitchen has nice appliances that will help the common chef excel. The barn is a great asset to this property with space for your toys, your cars, an area carved out as a fitness room. If this is the life for you, we will look forward to sharing all this property and business has to offer.

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: S22/00/23
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: Laconia and Meredith
Property Visibility: Excellent
Largest Nearby Street: Parade Road / US Route 3 (Daniel Webster Hwy)
Feet of Frontage: 612
Traffic/Vehicle Count: 5,000
Highway Access: 10 miles from I-93, 2 miles from US Route 3.
Airports: Manchester, Laconia
Area Description: Gorgeous area in the central part of the state surrounded by clear water lakes and mountains. Very popular for year-round recreational activities and year-round living. Extremely popular with the second home market and vacation market.
Nearby Attractions: Lake Winnipesaukee, MS Mt. Washington boat, Weirs Beach, Bank of NH Pavillion concert venue, Tilton Outlet Mall, Gunstock Recreation Area, Squam Lake.
Total Number of Buildings: 2
Number of Stories: 4
Property Condition: Excellent
Year Built: 1784
Roof Type: Mansard
Construction/Siding: Vinyl Siding, Wood Siding
Average Occupancy Rate: 70
Exterior Description: Beautifully maintained building with a wraparound porch.
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: Parking surrounds the building plus a 3 stall barn/garage adds additional parking.
Heat Type: Oil, Hot Water
Heat Source: Baseboard
Air Conditioning: Other
Internet Access: Cable
Interior Description: Beautifully finished 19 room structure with 8 bedroom suites and a 2 bedroom, 2 bath owners suite.
Zoning Description: Residential zoning will allow for many similar uses.
Lot Frontage: 612
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,356 5,273 11,046
Median Age: 49.49 47.22 48
Households: 968 2,333 4,719


Photograph of Listing Agent

Ron Talon

REMAX Bayside / Weeks Commercial
NECPE Member
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