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626 West Main Street, Hillsborough, NH

Commercial Sale

For SaleActive
Built 1830|Hillsborough

Listed by Tri-State Realty, LLC · Nick Turmel

Property Description

6/2/2026 NEW LISTING. OWNER IS RETIRING. THIS ONCE IN A DECADE SUPER LOW PRICED GREAT DEAL WILL BREAK THE INTERNET! PRICED WAY BELOW MARKET VALUE TO SELL NOW. DON'T SNOOZE & LOSE, AS SELLER ALREADY HAS A STANDING CASH OFFER WITH NO CONTINGENCIES HE WILL BE ACCEPTING 7/16/2026 IF NO BETTER CASH OFFER BEFORE THEN. NO TIRE KICKERS. ONLY SIMPLE CLEAN CASH OFFERS WITH NO CONTINGENCIES. $$$ CASH COW GREAT INVESTMENT! 30%+ CAP RATE Potential ($323,000+ POTENTIAL NET INCOME). 17 Units Total: 13 Unit Motel, 2 BR Owners Qtrs, Office/common space units, 2 Studio Apts above Garage. 8.82 TOTAL ACRES includes 128 Dam Road Land Parcel. High demand for weekly extended stay occupants due to housing shortage, & lack of other area motel/hotels. Potential Franklin Pierce Lake Views if you clear trees. High traffic count & visibility located at corner of intersection NH Routes 202/9, Route 31, Routes have names of Franklin Pierce Hwy, West Main Street, 2nd NH Turnpike. Property has 2 Curb Cuts at intersection! 2 Parcels Total 8.82 Acres (626 West Main St, & pics don't show lot lines for 128 Dam Rd. Land Parcel). Commercial Zoning on these state highways allows for many options for retail, residential & lots of other uses. Check with Town Zoning. Property is 30 miles to Keene & to Concord. Route 202 connects Keene to Seacoast running through Hillsborough & Concord. Over 11,000+ vehicles daily. Details provided are to the best of Seller's knowledge. Buyers responsible for their own due diligence for any research, inspections, measurements, town or other info verification, etc. Seller & their Agent make No guarantees or warranties. Property SOLD-AS-IS, WHERE AS. MLS, NECPE, & on-line marketing subject to updated changes. Financial info available upon request. CASH ONLY. PROOF OF CASH (Bank &/or Financial Statement(s) required to schedule showing. ***NO OWNER-FINANCING.*** OWNER WILL NOT BE SHARING HIS TAX RETURNS, BOOKS, BANK STATEMENTS, EXPENSES & BILLS, BUSINESS DOCS, ETC.

Property Details

Essentials & finishes

    • Property Type:Commercial Sale
    • Year Built:1830
    • County:NH-Hillsborough
    • Town:Hillsborough, NH
    • Status:Active
    • Days on Market:41

    Primary Features

    CountyNH-Hillsborough
    Property TypeCommercial Sale
    Year Built1830
    ZoningCOMM-N

    Interior Features

    BasementNo
    Basement DescriptionCrawl Space, None, Slab
    HeatingBaseboard, Electric, Forced Air, Hot Air, Zoned, Propane

    Financial Details

    Electric CompanyEversource
    Foreclosed / Bank-Owned / REONo
    Sale IncludesAdditional Buildings, Building, Garage, Inventory, Land/Building, Furnishings, Land/Building/Business
    Tax - Gross Amount$13,453
    Tax Year2025
    Taxes TBDNo

    Additional

    ConstructionWood Frame
    Flood ZoneNo
    Pre-ConstructionNo
    SeasonalNo
    SurveyedYes

    External Features

    Lot FeaturesNear Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Corner Lot, Country Setting, Level, Major Road Frontage, Neighbor Business, Street Lights, Trail/Near Trail, Walking Trails, Wooded, Near ATV Trails
    Lot - Acres8.82
    Lot - SqFt384,199
    ParkingParking Spaces 21+, Paved
    Road FrontageYes
    Road Frontage Length1011
    RoofAsphalt Shingle
    SewerLeach Field, Private Sewer, Septic Tank
    UtilitiesCable, Cable Connected, Cable Available, Propane, Multi Phone Lines, Phone Connected, Phone Available, Other
    Water SourceDrilled Well, Private
    MLS®: PrimeMLS #5092383; Listed by Tri-State Realty, LLC · Nick Turmel

    Property History

    Annual taxes for this property

    YearAssessed Tax
    2024$17,850
    2023$17,404
    2022$16,958

    Estimated from list price; verify with the town assessor.

    Market Data

    Live snapshot computed from active listings in this town

    • Active listings in Hillsborough52
    • Average list price$325,925
    • Price range$15,500 – $1,250,000
    • Market sentimentBuyer's Market

    Mortgage Calculator

    Estimate your monthly payment for this home

    20%
    Loan Term
    6.5%
    Estimated monthly payment$7,016 / mo
    • Principal & Interest$5,309
    • Property Tax$1,488
    • Home Insurance$219

    Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.

    $1,050,000/ Asking Price
    For SaleActive
    Est. $5,309 / mo20% down · 30yr · 6.5%
    Tom DeMatteo

    Tom DeMatteo

    Owl’s Nest Real Estate · Questions?

    401-648-5308

    Market Sentiment

    Buyer's Market
    Buyer’s MarketBalancedSeller’s Market

    Based on 52 active · 0 sold in Hillsborough (last 90 days)

    PrimeMLS

    NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

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