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$3,495,000 | $172 per sq.ft. Commercial Property, in 9 Main Street Lyme NH | Space type Lodging,Other MLS# 4996700



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Listed by Zoe Hathorn WashburnSnyder Donegan Real Estate Group Cell: 603-727-8099
on May 21st 2024
9 Main Street Lyme NH 03768


DESCRIPTION


The Dowds' Country Inn, home of the Latham House Tavern, has been one of the most cherished establishments in the Upper Valley for decades. It is located on over 5 beautiful acres in coveted Lyme, NH, just a 15 minute drive from Hanover and Dartmouth College. The well-appointed inn, successfully run by the same owner for over 35 years, features 21 charming en-suite rooms and a spacious 115 seat banquet room, which opens onto a large outdoor patio and sweeping lawn, making it an ideal location for weddings, business gatherings, Dartmouth College functions, and more. The Latham House Tavern opened its doors in 2016 and quickly became a regional fan favorite. The thoughtfully designed interior offers an ambiance perfect for all seasons. The tavern and bar area seats 120 for indoor dining, in addition to the beautiful flagstone patio outdoor dining area. On any given day, or evening, imagine kids playing in the tavern's yard, while parents gather to enjoy great conversation, food and libations - that's a glimpse of its beloved history, and potential future. Lyme is home to the Dartmouth Skiway, only a 7 minute drive up the road, while right outside the inn's doors, an extensive trail system awaits hikers, snowshoers, and cross-country skiers. The next owner can carry on in the traditional way the inn and tavern have been successfully run in the past, or use the existing space as a canvas to bring their own vision to life. Lyme is 10 minutes off I-91 and 10 miles from Hanover, NH.
Building Type : Business | Hospitality | Investment | Opportunity | Other

Disability Features : 1st Floor 1/2 Bathroom | 1st Floor 3/4 Bathroom | 1st Floor Bedroom | Access Common Use Areas | Access Parking | Access Restrooms | Grab Bars in Bathroom | No Stairs from Parking

Equipment : CO Detector | Security System | Smoke Detector | Air Conditioner | Generator - Standby

Misc : Additional Outbuildings | Furniture Included | Inventory Included | Living Space Available | Phone System | Public Restrooms | Security System | Showers | Smoke/Heat Detectors | In-Unit Bathroom

Sale Includes : Additional Buildings | Equipment | Inventory | Land/Building/Business
Signage-| Adequate
Traffic Count-|
Price per SQFT | 172.35 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
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FEATURES AND DETAILS

CONSTRUCTION:
Insulation-FiberglssBatt | Post and Beam | Timber Frame | Clapboard Exterior | Price Per SQ.FT. 172.35 | Year Built: 1780
No. of Units-| 21
Building Size | 20278
Available SQFT | 14114
Basement: Concrete Floor | Partial | Slab | Stairs - Interior | Storage Space | Unfinished
Building Type: Business | Hospitality | Investment | Opportunity | Other
Roof: Metal | Shingle | Standing Seam
Garage And Parking: Off Street | Other | Parking Spaces 21+ | Unpaved
Road Frontage: 175
Heating: Hot Water | Other | Stove - Gas | Propane | Oil | Mini Split
Cooling: Other | Mini Split
Electric: 220 Volt | Generator | On-Site
Utilities: Cable | Gas - LP/Bottle | Telephone At Site
No. of Docks | 0.
No. of Drive Doors | 20278.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 5.4 acres
Zoned: LCD
Flood Zone: No
Road Frontage: 175
Taxes $48,401  | Assesed Value $0 in