Listed by with KW Coastal and Lakes & Mountains Realty

Pending

1602 Mount Major Highway

Alton NH, 03810

$849,000


$849,000.00 per sqft

Pending

1 sqft

Commercial

Built in 1920

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.

4866774

MLS ID

June 14, 2021

Listed

March 18, 2024

Updated

Map

1602 Mount Major Highway
Alton NH, 03810

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central AC


Heating

Yes


Heating Description

Forced Air, Oil

Exterior/Building Features

Lot Size

2.2 Acres


Roof

Shingle - Asphalt


Sewer

Leach Field, Septic

Other Property Details

Area Name

NH-Belknap


Taxes

$6,825


Tax Frequency

Annually


Days on Market

1008


Garage

No


Parking

Driveway


View

No


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

3/18/2024

Pending

6/2/2023

Price Change

$849,000

-3%

Listed by with KW Coastal and Lakes & Mountains Realty

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