Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1602 Mt Major Hwy Alton Bay, NH 03810-4125
    Property profile & analytics

    1602 Mt Major Hwy Alton Bay, NH 03810-4125


    • Showrooms
    • 6,918 SF
    • 2.22 lot acres
    Off-Market
    Property ID
    US58-0320287
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Showrooms

    Property Details for 1602 Mt Major Hwy

    Year built
    1920
    Construction
    FRAME
    Lot size
    2.22 lot acres
    Property size
    6,918 SF
    Zone code
    LR-LAK
    Property type
    Showrooms
    APN
    ALTN M:63 B:13
    APU
    ALTNM63B13

    Description

    This exceptional turnkey restaurant opportunity is located on high-traffic Route 11 in Alton, New Hampshire. The main floor boasts ample seating for 95 guests, including a fully equipped bar area. A second-floor function room provides additional capacity for 46 guests, perfect for private events or larger gatherings. The property also includes a convenient three-bedroom owner's apartment on the third floor, offering comfortable living quarters above the business. Recent extensive renovations have significantly upgraded the building, including a brand new, fully equipped commercial kitchen, substantial power upgrades to meet operational demands, a modernized HVAC system, and improved septic infrastructure. Internal flow has also been remodeled for optimal efficiency and guest experience. The second and third floors have undergone complete remodeling to enhance seating capacity and create the comfortable owner's apartment. Situated in the Lakes Region, encompassing approximately 30 communities and a population of roughly 112,000, this location benefits from a significant seasonal influx of visitors. With nearly 30% of homes being seasonal residences, the summer months see a substantial population increase, with an average visitor spending at least $85 per day. This presents a unique opportunity for a chef or restauranteur to establish or expand their business in a vibrant and thriving market. The 2.2-acre lot provides ample space and potential for future development. This is a rare chance to acquire a well-established and updated restaurant in a prime location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $576,000
      Market price range: $576k - $1.67M
      AI Estimate
      $505,000
      Market price range: $455k - $1.84M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $940,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Alton Bay
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.3114
    Latitude
    43.5526
    CBSA code
    29060
    CBSA name
    LACONIA, NH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,492
    $102,700
    $644,200
    $746,900
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message