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Listed by David Garvey • KW Coastal and Lakes & Mountains Realty
$ 849,000
Est. payment | /mo
2.2 Acres Lot
$ 849,000
Est. payment | /mo
2.2 Acres Lot
Key Details
Property Type Commercial
Sub Type Hospitality,Investment,Opportunity,Other,Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4866774
Year Built 1920
Annual Tax Amount $6,825
Tax Year 2020
Lot Size 2.200 Acres
Acres 2.2
Property 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.
Location
State NH
County Nh-belknap
Area Nh-Belknap
Zoning LR
Rooms
Basement Entrance Walkout
Basement Unfinished
Interior
Heating Oil
Cooling Central AC
Inclusions Inventory, Land/Building
Exterior
Parking Features Driveway
Garage Description Driveway
Utilities Available Telephone At Site
Roof Type Shingle - Asphalt
Building
Sewer Leach Field, Septic
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Nancy Liberatore
Broker-Owner