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Grand View Motel & Cottages 291 Endicott St N 22 Room Hotel Laconia, NH 03246 $5,495,595 CAD ($249,800 CAD/Room)
Investment Highlights
- operates at full strength with consistent maximum occupancy
- extensive updates complete and a strong operational foundation
- Sweeping Lake Winnipesaukee views
Executive Summary
An iconic presence in the heart of the Lakes Region, Grand View Resort operates at full strength with consistent maximum occupancy—a testament to its reputation, premier location, and loyal guest following. This is more than a property purchase; it’s the acquisition of a thriving, turnkey hospitality business with proven performance, positioned along a high-visibility corridor with strong traffic counts between Laconia and Weirs Beach.
Set on approximately 3± level acres, the immaculately maintained compound has undergone substantial renovations in recent years. The 12-unit hotel was taken down to the studs and thoughtfully rebuilt, offering the feel and efficiency of new construction while preserving classic Lakes Region charm. Two end suites feature full kitchens and private decks—perfect for sunrise coffee or golden hour lake views. The motel also includes a 2-car under garage for added convenience and operations.
The 10-bedroom main house, complete with an office, offers exceptional flexibility—ideal as an owner’s suite, additional rental income, or a boutique hospitality experience with a historic bed-and-breakfast feel. The main living area showcases multi-million-dollar views of Lake Winnipesaukee, creating an unforgettable setting.
Eight charming cabins and two beautifully renovated cottages blend character with modern comforts, offering a diverse mix of accommodations that keep guests returning year after year.
The setting is nothing short of spectacular, with sweeping views from the Broads to Mount Chocorua and front-row seats to watch the MS Mount Washington pass by. Guests enjoy an Olympic-sized heated saltwater pool and patio overlooking lake and mountain vistas that define the New Hampshire experience.
With extensive updates complete and a strong operational foundation, this is a rare opportunity to step into a flourishing business in one of the region’s most recognizable destinations—reimagined, revitalized, and ready for its next chapter.
Set on approximately 3± level acres, the immaculately maintained compound has undergone substantial renovations in recent years. The 12-unit hotel was taken down to the studs and thoughtfully rebuilt, offering the feel and efficiency of new construction while preserving classic Lakes Region charm. Two end suites feature full kitchens and private decks—perfect for sunrise coffee or golden hour lake views. The motel also includes a 2-car under garage for added convenience and operations.
The 10-bedroom main house, complete with an office, offers exceptional flexibility—ideal as an owner’s suite, additional rental income, or a boutique hospitality experience with a historic bed-and-breakfast feel. The main living area showcases multi-million-dollar views of Lake Winnipesaukee, creating an unforgettable setting.
Eight charming cabins and two beautifully renovated cottages blend character with modern comforts, offering a diverse mix of accommodations that keep guests returning year after year.
The setting is nothing short of spectacular, with sweeping views from the Broads to Mount Chocorua and front-row seats to watch the MS Mount Washington pass by. Guests enjoy an Olympic-sized heated saltwater pool and patio overlooking lake and mountain vistas that define the New Hampshire experience.
With extensive updates complete and a strong operational foundation, this is a rare opportunity to step into a flourishing business in one of the region’s most recognizable destinations—reimagined, revitalized, and ready for its next chapter.
Property Facts
| Price | $5,495,595 CAD | Building Size | 7,798 SF |
| Price Per Room | $249,800 CAD | No. Rooms | 22 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1972 |
| Property Subtype | Hotel | Parking Ratio | 2.69/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 3.00 AC | ||
| Zoning | CR - Commercial Resort | ||
| Price | $5,495,595 CAD |
| Price Per Room | $249,800 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.00 AC |
| Building Size | 7,798 SF |
| No. Rooms | 22 |
| No. Stories | 3 |
| Year Built | 1972 |
| Parking Ratio | 2.69/1,000 SF |
| Corridor | Exterior |
| Zoning | CR - Commercial Resort |
Amenities
- Pool
- High Speed Internet Access
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $212.87 CAD | - |
| Guest Room | 10 | $169.74 CAD | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | LACO-000144-000252-000004 | Improvements Assessment | $1,761,095 CAD |
| Land Assessment | $538,707 CAD | Total Assessment | $2,299,802 CAD |
Property Taxes
Parcel Number
LACO-000144-000252-000004
Land Assessment
$538,707 CAD
Improvements Assessment
$1,761,095 CAD
Total Assessment
$2,299,802 CAD
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Grand View Motel & Cottages | 291 Endicott St N
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