List Price: $3,495,000 | $172 per sq.ft. Commercial
Space type Lodging,Other Listed Tuesday May 21, 2024 | MLS# 4996700


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.
Location : Abuts Conservation | In Town | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Other | Village | Near Hospital

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
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1780
Insulation-FiberglssBatt | Post and Beam | Timber Frame | Clapboard Exterior
Price Per SQ.FT. 172.35 No. of Units: 21
Building Size : 20278
Available SQFT : 14114
Building Type: Business | Hospitality | Investment | Opportunity | Other

ExteriorRoof: Metal | Shingle | Standing Seam

InteriorBasement: Concrete Floor | Partial | Slab | Stairs - Interior | Storage Space | Unfinished

Land Information

Lot size: 5.4 acres
Zoned: LCD
Flood Zone: No
Road Frontage: 175
Garage And Parking: Off Street | Other | Parking Spaces 21+ | Unpaved
Road Frontage: 175
No. of Docks | 0.

UtilitiesHeating: Hot Water | Stove - Gas | Mini Split
Cooling: Other | Mini Split
Electric: 220 Volt | Generator | On-Site
Utilities: Cable | Gas - LP/Bottle | Telephone At Site
AC % | 0.



Taxes $48,401
Assesed Value Not Reported
Schools

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