Former Bank Drive-Thru
Bartlett, NH 03812 Bartlett, NH 03812
Bartlett, NH, 03812
$595,000
For Sale
$595,000
COMMERCIAL - Bartlett, NH
Property Size2,353 SF
Lot Size1.10 Acres
Price / SF$252.87
Days on Market875
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 1.10 Acres
Building Details
- Year built
- 1977
Listing agency
Meredith, New Hampshire
(603) 298-8254
Listed by
Kerry MacDougall
(603) 298-8254
Added: Feb 27, 2024 Updated: Jul 20 at 4:08PM Checked: Jul 21 at 11:06AM
MLS# 4986203
Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This former bank building offers approximately 2,353 square feet of flexible space, with a first-level open floor plan that includes office areas, a bathroom, and a bank vault. The property also features a drive-thru window and a front ATM entrance, along with entrances at both the front and back. A partially finished basement includes a kitchenette with a bathroom and additional storage space.
The building is situated next to the active junction of Route 302 and NH Route 16, designed for strong visibility. On-site parking is available on the property, which sits on a level 1.1-acre lot.
The layout and access are suited to a range of commercial uses, including retail, office space, coffee shop, insurance office, and takeout restaurant concepts, subject to applicable approvals.
The building is situated next to the active junction of Route 302 and NH Route 16, designed for strong visibility. On-site parking is available on the property, which sits on a level 1.1-acre lot.
The layout and access are suited to a range of commercial uses, including retail, office space, coffee shop, insurance office, and takeout restaurant concepts, subject to applicable approvals.
Key Highlights
- 2,353 SF former bank building built in 1977 on a 1.1‑acre lot with ample paved on‑site parking
- Drive‑thru window plus front ATM entrance and prominent signage, with entrances in front and back
- First‑level open floor plan with office space and a bathroom, plus a bank vault
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.8k | $21.60 |
| − Vacancy | −$7.6k | −$3.24 |
| EGI | $43.2k | $18.36 |
| − OpEx | −$10.8k | −$4.59 |
| NOI | $32.4k | $13.77 |
2,353 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$462.9K
$405.0K – $540.0K
NOI $32,401 @ 7.0% cap · market cap 5.45%
Second Best
Specialty Retail
$426.6K
$373.3K – $497.7K
NOI $29,860 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$587.5K
$514.1K – $685.5K
NOI $41,127 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Former bank building with drive-thru window, front ATM entrance, and an open first-floor layout plus ample parking.
Where is this bank located?
The property is located at Bartlett, NH.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,353 SF former bank building built in 1977 on a 1.1‑acre lot with ample paved on‑site parking; Drive‑thru window plus front ATM entrance and prominent signage, with entrances in front and back; First‑level open floor plan with office space and a bathroom, plus a bank vault
