Alton Bay Restaurant For Sale | 1602 Mount Major Hwy
5,934 SF | RETAIL BUILDING | ALTON BAY, NH | $869,000 ($146/SF)
Call: (603) 610-8523
SOLD!!!
Investment Highlights
- New Kitchen with all the best equipment and new coolers etc
- The bar is quite long and promotes the neighborhood feeling and sitting with friends.
- Third floor has an owner apartment that renovations were not 100% finished, but close.
Executive Summary
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.
Sale Type: Investment
Property Subtype: Restaurant
Building Class: C
Price: SOLD!!!
Tenancy: Single
Building FAR: 0.06
Zoning: LR
Parking: 25 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage: 134 FT on Mount Major Hwy
Property Type: Retail
Building Size: 5,934 SF
Year Built/Renovated: 1902/2018
Price Per SF: SOLD!!!
Building Height: 3 Stories
Land Acres: 2.22 AC
