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802-295-1355
565 Maple Street
White River Junction, VT 05001

 
Price Change! reduced by $20,000 on June 2nd 2023
$849,000 | $849,000 per sq.ft. Commercial Property, 1602 Mount Major Highway Alton NH | Space type Food Service,Free Standing Building,Other MLS# 4866774


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.
Building Type : Hospitality | Investment | Opportunity | Other | Retail

Misc : Inventory Included | Living Space Available | Showers

Sale Includes : Inventory | Land/Building
Price per SQFT | 849000.00 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Wood Frame | Stucco Exterior | Price Per SQ.FT. 849000.00 | Year Built: 1920
No. of Units-| 0
Building Size | 1
Basement: Unfinished
Building Type: Hospitality | Investment | Opportunity | Other | Retail
Roof: Shingle - Asphalt
Garage And Parking: Driveway
Road Frontage: 271
Heating: Forced Air
Cooling: Central AC
Utilities: Telephone At Site
No. of Docks | 0.
No. of Drive Doors | 1.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 2.2 acres
Zoned: LR
Surveyed: Unk
Road Frontage: 271
Taxes $6,825  | Assesed Value $0 in

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