$450,000
About this home
PRICE REDUCED $49k – Now being Offer $67,900 Below Property Assessed Value. Investors and Owner-occupants - don’t miss this exceptional mixed use opportunity in the heart of Alton Village. This versatile Commercial / Residential property is packed with opportunity. The second level features a spacious 1,700 sq. ft. one-bedroom Apartment with beautiful hardwood floors, barrel ceiling, a 3/4 bathroom and in-unit laundry. The first floor offers approximately 1,700 sq. ft. of adaptable commercial and / or residential space, currently configured with multi-offices, conference room, kitchenette and half bath, with excellent street-front windows, making it ideal for professional offices, retail, or a variety of business uses as it has been in the past. Looking to maximize your investment? A major advantage of this property is the recently update septic system, that was designed and approved to accommodate an additional One-bedroom Apartment. This provides excellent future potential. Located in the center of charming Alton Village, walking distance to shops, restaurants, banks, the library and other local amenities. Also, you're just one mile from beautiful Lake Winnipesaukee, making this an attractive location for residents, businesses and visitors alike. This property is currently vacant and ready for the next investor seeking strong rental potential or a business owner looking for a live / work property. In 2023 the property was generating $51,300 in gross revenue. $2,000 / month for the second floor and $2,300 / month for the first floor. The most recent lease for the first floor was $2,700 / month.
Property details
- MLS #
- 5032199
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 516
- On market date
- N/A
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.1 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 407
- Student:teacher ratio
- 9.5:1
- District
- Alton School District
- Enrollment
- 375
- Student:teacher ratio
- 10.4:1
- District
- Governor Wentworth Reg School District
- Enrollment
- 413
- Student:teacher ratio
- 9.8:1
- District
- Prospect Mountain School District
Walkability
Blended score for Alton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Alton, from live MLS data.
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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 08/10/26.