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    Restaurant and Residential Multifamily Title is generated by Realmo AI

    1395 Us Route 302, Bartlett, NH 03812

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    Claim this Listing
    For Sale
    Under Contract
    $450,000

    MULTI_FAMILY - Other - Bartlett, NH

    Property size:
    3,173 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $141/SF
    Added:
    Feb 6, 2026
    Days on Market:
    127
    Last Refresh:
    Jun 13 at 1:06 pm

    Property Features for 1395 Us Route 302

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    TOWN R
    Standard status
    Active Under Contract
    Size
    3,173 SF
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1962

    Utilities

    Heating system
    Electric (Heating), Propane (Heating)
    Water source
    Public

    Building Details

    Year built
    1962
    Floors in Building
    2
    Number of units
    2
    Building materials
    Wood Frame
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Joanne Mitsiaris

    Listing agent Joanne Mitsiaris

    Listing office Coldwell Banker LIFESTYLES- Conway 2185 White Mountain Highway, Conway, NH

    Listing date Feb 6, 2026

    MLS# 5075943 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial and multi‑family property with a restaurant space on Unit 1 and two residential units above
    • Two spacious 2‑bedroom residential units, each with a private entrance
    • Unit 1 includes a restaurant space setup for an owner‑operator or investor
    • Year built 1962 with wood frame construction and a shingle roof
    • Utilities include public water, with heating provided by electric and propane

    Overview

    This mixed-use property combines a restaurant space on the first level with residential living on the second level. Unit 1 is described as a turnkey restaurant space, suited for an owner-operator or as a commercial tenant setup. Above, there are two separate two-bedroom residential units, each with a private entrance, creating flexibility for long-term rentals, short-term rentals, or owner occupancy.

    Located at 1395 US Route 302 in Bartlett, the property is positioned for visibility and access along a busy corridor. The public remarks also note an area drawing year-round activity and visitors, with proximity to Mount Washington Valley amenities including Bretton Woods, Attitash, Storyland, snowmobile trails, and the Saco River.

    For tenants, investors, or owner-operators, the building offers a practical live-and-work configuration with independent residential access. The dual-purpose nature may appeal to those looking to combine commercial and residential income streams under one roof, while maintaining separation between the restaurant and the two upper units. Zoning is listed as TOWN R, and the parcel is identified as approximately 0.32 acres with a total property size of 3,173 square feet.

    Local Financial Insights For Specialty Retail

    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 $57.1k $18.00
    − Vacancy −$3.4k −$1.08
    EGI $53.7k $16.92
    − OpEx −$13.4k −$4.23
    NOI $40.3k $12.69
    3,173 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $575.2K
    $503.3K – $671.1K (±1% cap)
    NOI $40,265 @ 7.0% cap · market cap 8.95%
    Second Best
    Multifamily LT 5
    $527.3K
    $461.4K – $615.1K (±1% cap)
    NOI $36,908 @ 7.0% cap · market cap 8.20%
    Theoretical Best
    Office A
    $792.3K
    $693.3K – $924.3K (±1% cap)
    NOI $55,460 @ 7.0% cap · market cap 12.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Home Appliance Store Restaurant Bed & Breakfast Hotel & Motel Kitchen & Bath Showroom Daycare Center Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.28252172
    Latitude
    44.0778701

    FAQs

    What type of property is this?
    Conventional restaurant - Mixed-use layout pairs a turnkey restaurant space with two two-bedroom units above.
    Where is this conventional restaurant located?
    The property is located at 1395 Us Route 302 Bartlett, NH.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Commercial and multi‑family property with a restaurant space on Unit 1 and two residential units above; Two spacious 2‑bedroom residential units, each with a private entrance; Unit 1 includes a restaurant space setup for an owner‑operator or investor
    More about this property
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