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Listed by Jennifer St. Cyr • Coldwell Banker Realty Nashua • Phone: 603-732-6032
$2,999,000
Est. payment /mo
1 Acres Lot
UPDATED:
06/10/2024 11:34 AM
Key Details
Property Type Commercial
Sub Type Business,Investment,Multi-Family,Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4950606
Year Built 1905
Annual Tax Amount $9,511
Tax Year 2021
Lot Size 1.000 Acres
Acres 1.0
Property Description
Nestled at the point of Alton Bay, NH where Main Street converges w/ Mount Major Highway along Route 11 scenic byway there lays a property elevated on a hill that overlooks the deep blue waters of Lake Winnipesaukee. The front building currently operating as Foster's Tavern, 7 rental apartments and a townhouse in the rear of the building. Back building holds 6 rental units. A lawn area between the buildings and a parking lot able to accommodate 33 cars. Both buildings freshly painted grey w/ green metal roof accents. The front building, 3 stories high w/ 9-foot ceilings, has stately white columns on the front façade and has 6 gables along each side towering over other structures nearby. The current owner has made many improvements to the property including new flooring, new tile showers, new counter tops, newer boiler along w/ many others too numerous to list here. Septic is 2 years. One of the charms of NH is driving country roadways through quaint colonial towns and Route 11 is not immune to this favorite past time. From Rochester in the East on the border of Maine to Charlestown in the West on the border of VT, Route 11 is the only highway to follow along Lake Winnipesaukee’s southern shore, running through the village of (low tax) Alton Bay. With a traffic count of 7800+, a frontage of 513 ft, a Seaplane Base w/ Ice Runway and a sharp curve that everyone must slow down for, 403 Main St simply will not be missed. Making this an investment property that will be noticed.
Location
State NH
County Nh-belknap
Area Nh-Belknap
Zoning RC-RES
Body of Water Bay
Rooms
Basement Entrance Interior
Basement Storage Space, Unfinished
Interior
Inclusions Additional Buildings, Land/Building, Other
Exterior
Parking Features On-Site, Parking Spaces 21+, Paved
Garage Description On-Site, Parking Spaces 21+, Paved
Utilities Available Cable - Available, Multi Phone Lines
Waterfront Description Yes
View Y/N Yes
View Yes
Building
Sewer Septic
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