Building Details

Year Built 1823

Listing Agency: The Dow Group / KW

Listed By: Adam Dow · License #NH 056660

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Aug 11 at 1:27PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Dow Group / KW

Investment Insights

Based on property information with market context.

This property is centered on a farmhouse originally built in 1823, updated and converted into five units. The current owners report extensive renovations including jacking up the house and pouring a concrete foundation, re-framing and insulating, and installing brand new electrical and plumbing, along with steel beams. The site also includes three septic systems and three drilled wells, and further improvements such as new appliances and finishes, a whole-house generator, and a metal roof.

In addition to the farmhouse, there is a two-family modular home and a single-family manufactured home, bringing the total to eight units. The property is set on 8.2 acres and includes a 36’ x 40’ barn, attached three-bay and one-bay garages, an in-ground salt water pool, and a 1200-bush blueberry farm, along with open space for gardens and animals.

Additional site features described include space suitable for agricultural uses and multiple water and wastewater systems supporting the on-site housing units. The property is being offered for sale and is back on the market due to buyer financing.

Key Highlights

• 1823 farmhouse updated and converted into 5 units with new electrical/plumbing and re‑framing and insulation
• Owners jacked up the house and poured a concrete foundation; steel beams added as part of the overhaul
• 3 drilled wells and 3 septic systems installed, plus updates including a whole‑house generator and a metal roof

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8

Residential units

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Explore this area Business Placement

Demographics for 03585, NH

2,626

Population

1,415

Households

1.9

Avg Household Size

48

Median Age

28%

College-Educated

91%

High-School Grad

78.2 sq mi

ZIP Area

34

Density / Sq Mi

$65,769

Median Household Income

$35,565

Median Earnings

$1,161

Median Rent

$215,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Updated farmhouse converted into five units, plus additional modular and manufactured homes, with extensive farm and outbuilding improvements.

Where is this apartment building located?

The property is located at 445 Route 302 Lisbon, NH.

What are key features of this property?

This property features: 1823 farmhouse updated and converted into 5 units with new electrical/plumbing and re‑framing and insulation; Owners jacked up the house and poured a concrete foundation; steel beams added as part of the overhaul; 3 drilled wells and 3 septic systems installed, plus updates including a whole‑house generator and a metal roof