403 Main St Alton, NH 03810

This exceptional mixed-use property, located at 403 Main Street in Alton Bay, New Hampshire, presents a compelling investment opportunity. The 12,018 square foot building sits on a one-acre lot with 513 feet of frontage on Route 11, a scenic byway with over 7800 vehicles passing daily. The property boasts 15 units, including Foster's Tavern, 7 rental apartments, and a townhouse in the front building, and 6 additional rental units in the rear building. Currently operating at 100% occupancy, this turnkey investment offers immediate cash flow. Both buildings, freshly painted gray with green metal roof accents, have undergone significant recent improvements, including new flooring, tile showers, countertops, and a newer boiler. The septic system is only two years old. The front building, a three-story structure with 9-foot ceilings and stately white columns, commands attention with its prominent location overlooking Lake Winnipesaukee. Ample parking is available with a lot accommodating 33 vehicles. The property is zoned RC-RES and was built in 1905. Its prime location at the convergence of Main Street and Mount Major Highway, along with its stunning lake views and high visibility, makes this a truly unique and attractive investment. The asking price is $2,999,000.