Building Details

Year Built 1945

Buildings 1

Stories 2

Listing Agency: Four Seasons Sotheby's Int'l Realty

Listed By: Sarah Matta Show Phone

Source: Lyvrealty

Added: Jul 8 Changed: Oct 5 Last Checked: Oct 12 at 10:40PM

Report an Issue

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 Four Seasons Sotheby's Int'l Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines an operating café with an upper-level residential unit on a flat 1.0-acre corner lot. The café area includes a Type II commercial hood, grease trap, high-capacity septic system, three-bay sink, mop sink, vegetable sink, hand sink, interior seating, and potential for substantial outdoor seating. The apartment is furnished with two bedrooms, one full bath, a large eat-in kitchen, private exterior access, and an in-unit washer and dryer. A partially finished walk-up attic provides additional space, while the lower level also includes a previously configured one-bedroom living area that may offer reconfiguration flexibility subject to approvals and due diligence.

The property fronts Route 28 at 915 Suncook Valley Road in Alton, NH, with an NHDOT traffic count exceeding 8,000 vehicles per day and more than 2.9 million annual drive-bys. A state-approved commercial driveway provides convenient vehicle circulation and access to parking for 20+ vehicles. The café use is town-approved, and a current state café permit is in place. Zoning is ZN2, ZN7. The upper apartment is leased month to month, and a dedicated exterior waste cleanout connects to the commercial septic line for RV or food-truck use.

Key Highlights

• Flat 1.0‑acre corner lot at 915 Suncook Valley Road, Alton, NH 03809
• NHDOT traffic count exceeding 8,000 vehicles per day and more than 2.9 million annual drive‑bys
• Town‑approved café use with current state café permit in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,845

Cap Rate

8.65%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$776,900 $776.9K

Cap Rate 7%

$554,929 $554.9K

Cap Rate 9%

$431,611 $431.6K

Market Conditions

NOI Build-Up for 4,216 SF

Gross rent

$68.3K $16.20/SF

− Vacancy

−$6.1K −$1.46/SF

EGI

$62.2K $14.74/SF

− OpEx

−$23.3K −$5.53/SF

NOI

$38.8K $9.21/SF

Area

Belknap County, NH

Vacancy

9.00%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$776,900

Cap Rate 7%

$554,929

Cap Rate 9%

$431,611

Alternative Uses

Best Use

Specialty Retail

$909.4K

$795.7K – $1.06M (±1% cap)

NOI $63,655 @ 7.0% cap · market cap 14.18%

Second Best

Apartment 5plus

$808.1K

$707.1K – $942.7K (±1% cap)

NOI $56,564 @ 7.0% cap · market cap 12.60%

Theoretical Best

Office A

$1.00M

$877.3K – $1.17M (±1% cap)

NOI $70,181 @ 7.0% cap · market cap 15.63%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Alton Florist (Bike/Boat/Book/etc) Store Baked & Brewed Cafe ... Cafe & Coffee Shop

Suggested Use

Top Pick Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Real Estate Agency Florist Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Residential units

8,000 VPD

Traffic count

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

9

Businesses Nearby

Explore this area Business Placement

Demographics for 03809, NH

3,644

Population

2,001

Households

1.8

Avg Household Size

50

Median Age

32%

College-Educated

94%

High-School Grad

40.1 sq mi

ZIP Area

91

Density / Sq Mi

$92,278

Median Household Income

$44,726

Median Earnings

$616

Median Rent

$331,900

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Two-Story Mixed-Use Building

141 Main Street, Alton, NH 03809

$450,000

3,408 SF

View details

Four-Unit Property With Barn

1416 Mount Major Highway, Alton, NH 03810

$1,000,000

5,651 SF

View details

Mixed-Use Property with Garage

218 Main Street, Alton, NH 03809

$549,000

View details

Two-Unit Flex Property

46 Suncook Valley Rd, Alton, NH 03809

$599,000

3,223 SF

View details

Single-Story Restaurant Building

6 East Side Dr, Alton, NH 03810

$429,900

2,368 SF

View details

Residential Building Lot

Lot 7 Jaytee Drive, Alton, NH 03809

$274,999

View details

Frequently Asked Questions

What type of property is this?

Mixed-use property - Town-approved café use, commercial food-service infrastructure, and a furnished apartment support combined business and residential occupancy.

Where is this mixed-use property located?

The property is located at 915 Suncook Valley Rd Alton, NH.

What is the asking price?

The asking price for this property is $449,000.

What are key features of this property?

This property features: Flat 1.0‑acre corner lot at 915 Suncook Valley Road, Alton, NH 03809; NHDOT traffic count exceeding 8,000 vehicles per day and more than 2.9 million annual drive‑bys; Town‑approved café use with current state café permit in place