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.
MLS# | 4866774 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1920 |
Days On Site | 1210 |
Listing Provided By | KW Coastal and Lakes & Mountains Realty | David Garvey |
Basement | Y |
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Zoning | LR |
Acreage | 2.20 |
State | NH |
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County | Belknap |
City | Alton |
Zip Code | 03810 |
Listing VS Median (in 03810) | |
Price: $849,000 low | high Med: $824,000 On Site: 1210 low | high Med: 70.500000 |