1602 Mount Major Highway Alton, NH
$849,000
Acres 2.20
Description
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.
Listed by KW Coastal and Lakes & Mountains Realty, David Garvey & Ethan Ash
Details
MLS 4866774
Price $849,000
Status Active
DOM 1279 days
Type Commercial
Lot Size 2.20 acres
Year Built 1920
Taxes Paid $6,825
Lot & Building Features
Utilities Telephone At Site
Construction Stucco Exterior, Wood Frame
Cooling Central AC
Heating Forced Air
Parking Description Driveway
Sewer Leach Field, Septic
Tax Year 2020
Taxes Paid $6,825
Water Drilled Well
Basement Description Unfinished
Roof Shingle - Asphalt
Map
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Financing
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6.75%
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per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.