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Guillermo A Molina Jr

info@theomteam.com +1(978) 360-3441

Listed by David Garvey • KW Coastal and Lakes & Mountains Realty

$ 849,000

Est. payment | -/mo

2.2 Acres Lot

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$ 849,000

Est. payment | -/mo

Save Virtual Tour

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

Garage Driveway

Garage Description Driveway

Utilities Available Telephone At Site

Roof Type Shingle - Asphalt

Building

Sewer Leach Field, Septic

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA, 01950, United States

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1602 Mount Major HWY Alton, NH 03810