563 Ocean Blvd, Hampton Beach, NH is offered for sale by the owner at $1.2MM.
For Developers and Builders:
The owner is seeking interest from developers and builders who desire a Hampton Beach ocean-view, ocean-facing parcel on which to construct a multi-unit condo building. This is a golden opportunity to acquire an increasingly rare parcel of Hampton Beach ocean-facing property on which to build a 3 or 4 unit condo.
The property is adjacent to two existing condo buildings and is protected from erosion and wave damage by the state-built concrete seawall yet offers spectacular ocean views: the cresent bowl of North Beach to the left, the broad Atlantic ocean and the Isle of Shoals straight ahead, and Boars Head to the right. To the rear there are sweeping views of protected wetlands where egrets, ducks, and other waterfoul live and gather every day. Access to a life-guarded sandy swimming and sunbathing beach is a brief walk away, and within walking distance to Hampton Center, its public beach, and all of its amenities. It is the perfect location for both retirees and professionals who desire a convenient seacoast lifestyle. Sales of recently-built, similiarly situated condos in the area have sold for over one million dollars per unit.
The current (zoned multi-family) dwelling footprint under-utilizes the much larger land boundaries, providing the opportunity to build a much larger structure. Developers can request a copy of a plot-plan that illustrates the metrics. Preliminary and non-binding conversations with the Hampton Building department have confirmed the potential to tear-down and build a large multi-unit structure on the property. Note that all permits and any variances shall be the responsibility of the purchaser and are expressly not promised or included in the purchase.
For Real Estate Investors:The property is zoned multi-family and has had a profitable summer vacation rental history. The first floor, unit #1, is one open concept living space, and unit #2 is comprised of the second and third floors, where each floor has panoramic ocean-facing windows and step-out deck-balconies that provide spectacular views in all directions. In full disclosure, note that the house is currently not permitted for rental because of unrepaired storm damage to some of the exterior decks and staircases, which will need to be rebuilt at the buyer's expense. The property is being offered for sale "as is".
Please note that realtor or broker representation is not being solicited at this time. Qualified interested parties can contact the owner by providing their complete information here:
The property is adjacent to two existing condo buildings and is protected from erosion and wave damage by the state-built concrete seawall yet offers spectacular ocean views: the cresent bowl of North Beach to the left, the broad Atlantic ocean and the Isle of Shoals straight ahead, and Boars Head to the right. To the rear there are sweeping views of protected wetlands where egrets, ducks, and other waterfoul live and gather every day. Access to a life-guarded sandy swimming and sunbathing beach is a brief walk away, and within walking distance to Hampton Center, its public beach, and all of its amenities. It is the perfect location for both retirees and professionals who desire a convenient seacoast lifestyle. Sales of recently-built, similiarly situated condos in the area have sold for over one million dollars per unit.
The current (zoned multi-family) dwelling footprint under-utilizes the much larger land boundaries, providing the opportunity to build a much larger structure. Developers can request a copy of a plot-plan that illustrates the metrics. Preliminary and non-binding conversations with the Hampton Building department have confirmed the potential to tear-down and build a large multi-unit structure on the property. Note that all permits and any variances shall be the responsibility of the purchaser and are expressly not promised or included in the purchase.
For Real Estate Investors:The property is zoned multi-family and has had a profitable summer vacation rental history. The first floor, unit #1, is one open concept living space, and unit #2 is comprised of the second and third floors, where each floor has panoramic ocean-facing windows and step-out deck-balconies that provide spectacular views in all directions. In full disclosure, note that the house is currently not permitted for rental because of unrepaired storm damage to some of the exterior decks and staircases, which will need to be rebuilt at the buyer's expense. The property is being offered for sale "as is".
Please note that realtor or broker representation is not being solicited at this time. Qualified interested parties can contact the owner by providing their complete information here:
Warning: for your safety, please do not walk onto the property without an appointment to be accompanied by the owner or his agent.