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19 Depot St Alton, NH 03809

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For Sale
$1,600,000

10+ acre rental development with permits in hand.

Lot size:
10.40 Acres

Property Features for 19 Depot St

General Information

Property type
Commercial
Standard status
Active
Lot size
10.40 Acres

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Listing Contact
Heather Mann
Source: Elliman

Listing Agent: Heather Mann

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Alton Rental Development Opportunity

This is a rare opportunity to develop a rental property on over 10 acres in Downtown Alton. The project includes permits for 13 duplexes, totaling 26 units. Each unit is planned to have 2 bedrooms, a home office, 3 bathrooms, and a 1-car garage, with a total area of 1,770 square feet per unit. The roadways are under construction and will be completed to grade with a course coat of asphalt. Underground power infrastructure is planned to be completed per NH Electric Co-op specifications. The water main is slated for upgrades per Alton Water Department standards, including curb stops for each building. Individual approved septic systems will be installed by the buyer during construction, with approved designs provided. The property currently includes an existing duplex and a large 3-story barn, offering potential rental income during construction. The project is shovel-ready with state and local permits in hand, and the seller has already obtained a building permit and begun infrastructure work. The property is adjacent to a walking trail that leads directly to Hannaford. This presents an investment opportunity in Alton.
Location Intelligence

Current Use by Public Records

Fiore mobile service ... (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Alton
County
Belknap
State
New Hampshire
Longitude
-71.217142
Latitude
43.4562004

FAQs

What type of property is this?
Duplex - 10+ acre rental development with permits in hand.
Where is this duplex located?
The property is located at 19 Depot St Alton, NH.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Shovel-ready rental development opportunity with state and local permits in hand.; - Approved plans for **13 duplexes (26 units total)** with desirable features: 2 beds, home office, 3 baths, and 1-car garage (1,770 sqft per unit).; - Infrastructure already underway: roadways being completed to grade, underground power infrastructure being installed, and water main upgrades planned.
More about this property
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