Remarks

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.

Details

MLS#: 4950606
Price: $2,999,000

Year Built: 1905

County: Belknap
Lot Size: 43560
Tax Fee: 9511