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Historic Three-Unit Riverfront Property

87 Mechanic St Alstead, NH 03602

87 Mechanic St, Alstead, NH, 03602
$435,000
For Sale
$435,000

Converted grist mill offers three residential units, including loft spaces and a private apartment over a detached garage.

Lot Size5.00 Acres
Days on Market18

Property Features for 87 Mechanic St

General Information

Standard status
Active
Lot size
5.00 Acres
Property subtype
Investment

Building Details

Year Built
1793
Listing agency Traditions Real Estate LLC
Listed by Robin N Sanctuary
Source Elliman
Added: Jul 4 Updated: Jul 20 at 6:58PM Checked: Jul 21 at 5:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Traditions Real Estate LLC


Investment Insights

Based on property information with market context.

This converted grist mill has been adapted into a three-unit multi-family property while preserving original character. The first-floor unit is an updated one-bedroom apartment, and the remainder of the first floor provides a shared common area with original brick walls. From the common area, there is access to an expansive basement for storage or workshop use, along with a staircase to the second-floor apartment. The second-floor apartment features cathedral ceilings and original wide-plank hardwood floors, with a bedroom, a full bath with laundry, and an open-concept living area that includes designated kitchen, dining, living, and family room or home office space. Two loft areas each have their own staircase.

A detached two-car garage includes a workshop area, and an additional one-bedroom apartment is located above the garage. That upper apartment has its own entrance plus a side deck and a rear deck overlooking the Cold River.

The property is situated in Alstead, New Hampshire, and the site spans 5+ acres.

Key Highlights

  • Converted grist mill built in 1793, now a 3‑unit multi‑family property with historic character preserved
  • Overlooks the Cold River; second‑floor apartment features cathedral ceilings and original wide plank hardwood floors
  • Second‑floor layout includes an open‑concept living area plus two lofts with their own staircases for flexible use

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage HVAC Service Plumbing Service Storage Facility Kitchen & Bath Showroom Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Accounting Firm Food Market

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

FAQs

What type of property is this?
Triplex - Converted grist mill offers three residential units, including loft spaces and a private apartment over a detached garage.
Where is this triplex located?
The property is located at 87 Mechanic St Alstead, NH.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Converted grist mill built in 1793, now a 3‑unit multi‑family property with historic character preserved; Overlooks the Cold River; second‑floor apartment features cathedral ceilings and original wide plank hardwood floors; Second‑floor layout includes an open‑concept living area plus two lofts with their own staircases for flexible use
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