1602 Mount Major HighwayAlton, NH 03810Price: $849,000

  • Price: $849,000
  • 1039 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 2.2Acreage
  • 1920Year Built
  • 1Square Feet

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Listed by David Garvey and Ethan Ash of KW Coastal and Lakes & Mountains Realty
Located on high traffic Rt. 11 in Alton, this property is now offered for sale as a turn key restaurant. The main floor seats 95 guests, including the bar. There is a second floor function room that seats 46, and an owner's apartment with three bedrooms on the third floor. This is a great opportunity for a chef/restauranteur, or for an expansion location of a current restaurant. The second floor was remodeled to accommodate more seating and the third floor was remodeled for the occupancy of the owners/chef housing. Extensive renovation and many updates have been done to the building, including a brand new fully equipped kitchen, power upgrades, HVAC, septic upgrades and internal flow remodeling. The Lakes Region consists of 30 communities with the population of approximately 112,000 people. Nearly 30% of all homes are seasonal. There is a substantial increase in the population during the summer season. An average visitor spends at least $85.00 per day. Great opportunity to own your own restaurant in the Lakes Region.

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More Info

Tax Information

  • Tax Year2020

Building

  • Year Built1920
  • ConstructionWood Frame
  • Square Feet1
  • BasementUnfinished

Property

  • Acreage2.2
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft95,832
  • Road Frontage271
  • Traffic Count6000

Basic Information

  • StatusPEN
  • Modification Date03/18/2024
  • TypeHospitality, Investment, Opportunity, Other, Retail
  • List Price$849,000
  • Broker NameKW Coastal and Lakes & Mountains Realty
  • Listing Agent NameDavid Garvey
  • Lister Office NameKW Coastal and Lakes & Mountains Realty
  • MLS Number4866774
  • MLS StatusPending

Amenities

  • PricePerSqFt849000

Other

  • Date Listed06/15/2021
  • View Count52

Location

  • Building Number1602
  • StreetMount Major Highway
  • TownAlton
  • StateNH
  • Zip03810
  • CountyBelknap
  • Map63

Exterior

  • ExteriorStucco
  • RoofShingle - Asphalt

Utilities

  • FuelOil
  • Heating CoolingForced Air
Melanson Real Estate
Melanson Real Estate
34 North Main Street
Wolfeboro, NH 03894
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 18, 2024 6:39 PM EDT

 

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