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Prime REDEVELOPMENT Opportunity at NH Lakes Region Alton Circle!!! Strategic Location: Prime frontage along NH Route 28 (Suncook Valley Rd) and NH Route 11, this 1. 9-acre parcel above elevation (4. 5 acres total) offers exceptional redevelopment potential and ensures maximum visibility with high traffic counts and convenient access with an existing curb cut on Suncook Valley Road with both left and right turns. Zoned for Residential Commercial use, it’s ideal for businesses looking to enhance Alton's local services. The site is perfectly suited for banks, pharmacies, restaurants, spas recreational facilities, smoke shops or retail shops—services that are in high demand in this growing area. Recreational Appeal: Frontage on the Merrymeeting River provides opportunities for kayak or canoe launches, adding a unique draw for recreational or tourism-based businesses. Existing Improvements: A 1, 683 +/- sq. ft. single-story building, fully renovated in 2018, features a metal roof, public water, 2018 septic system, central air, propane heating, and an 18-space parking lot. The structure offers a strong foundation for immediate or future redevelopment. This property is a blank slate for your vision—whether you’re looking to develop a commercial hub, community-focused space, or capitalize on Alton’s steady growth. With its unmatched location, accessibility, and zoning flexibility, this is your chance to create a lasting impact in the Lakes Region. Do Not Enter Appointment Required!!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $429 | $429 | $429 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,416 | $3,416 | $4,353 |
Total Monthly Payment | $3,937 | $3,937 | $4,874 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.