Catylist ID:
#30876952
Prime Redevelopment Opportunity in Alton, NH
Retail-Commercial
for Sale
| Catylist Listing ID: | 30876952 |
| Building Size (RSF): | 2,500 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.90 - 4.50 Acres |
| Sale Price: | $650,000 |
| Unit Price: | $260 PSF |
| Property Use Type: | Investment, Business |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/17/2024 |
Overview / Comments
|
Prime Redevelopment Opportunity in Alton, NH Discover this exceptional parcel with significant redevelopment potential at the intersection of NH Route 28 (Suncook Valley Rd) and NH Route 11 (Alton Circle). Zoned Residential Commercial, this site offers a versatile blend of residential and commercial possibilities in a prime location. With 1.9 buildable acres (lot is 4.5 acres), the site provides ample space for expansion, while the wetlands create a natural buffer. The property features road frontage with sidewalk and river frontage on the Merrymeeting River for launching kayaks and canoes. The property includes a 2,500 +/- sq. ft. one level building, originally built as a single-family home in 1955. The building was renovated in 2018 into a commercial retail space, now comprised of one bathroom with plumbing and electrical setup for a kitchen. It has a metal roof, vinyl siding, dirt parking lot with 18 approved parking spaces, public water, 2018 new septic system, central air, and propane heating. Currently leased to a successful live bait & tackle shop with kayak & canoe rental business, this property provides immediate income while planning future developments. Ideal for developers seeking to create a commercial hub, mixed-use development, or residential community. This is an occupied building and an appointment is necessary. Please DO NOT ENTER the property without an appointment and the listing agent. NOTE: Tenant business is not included only land and structures. |
Attachments & Media
Additional Details
| Nearest MSA: | Laconia |
| County: | Belknap |
| Tax ID/APN: | 26-8-0-0 |
| Zoning: | RC |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Other |
| Property Located Between: | NH Rt.11 / NH Rt. 28 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Suncook Valley Road (Rt.28) |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 2,500 SF |
| Property Condition: | Good |
| Year Built: | 1955 |
| Year Renovated: | 2018 |
| In Flood Plain?: | Yes |
| Water Service: | Municipal |
| Sewer Type: | Septic |
Demographic Statistics
| Proximity: | 5 miles |
|---|---|
| Total Population: | 9,041 |
| Median Age: | 45.12 |
| Households: | 3,599 |
Contact
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