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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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

StatusACT
Modification Date06/30/2024
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 StatusActive

Amenities

PricePerSqFt849000

Other

Date Listed06/15/2021
View Count63

Location

Building Number1602
StreetMount Major Highway
TownAlton
StateNH
Zip03810
CountyBelknap
Map63

Exterior

ExteriorStucco
RoofShingle - Asphalt

Utilities

FuelOil
Heating CoolingForced Air

Legal

Taxes$6,825
OtherStructuresInventory, Land/Building
ZoningLR

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 October 10, 2024 10:39 PM EDT

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

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