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    2659 NH Route 16 Albany, NH 03818

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    Claim this Listing
    New
    For Sale
    $385,000

    Commercial For Sale - Albany, NH

    Lot size:
    6.02 Acres
    Added:
    Apr 25, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 27 at 10:06 am

    Property Features for 2659 NH Route 16

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    None
    Standard status
    Active
    Lot size
    6.02 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2150

    Utilities

    Heating system
    Forced Air, Pellet Stove (Heating), Propane (Heating)

    Building Details

    Year built
    1990
    Number of units
    1
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Bernadette Donohue

    Listing agent Bernadette Donohue

    Listing office Badger Peabody & Smith Realty 2633 White Mountain Hwy, Franconia, NH

    Listing date Apr 25, 2026

    MLS# 5085416 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.

    Overview

    Log Home Business Opportunity

    This log cabin, recently renovated, offers a business opportunity with rustic charm and highway exposure. Currently operated as a year-round store for antiques and collectibles, the interior has been transformed into a welcoming space. The property offers expansion opportunities or the chance to launch new business ideas. Situated midway between the Lakes and Mountain Regions of New Hampshire on Route 16, it benefits from high traffic and features 600 feet of road frontage with two circular drives for parking. Large commercial signage enhances visibility. A heated detached workshop with an attic, along with additional showrooms and storage in two trailers, provides extra space. The home features a farmer's porch, beams, a cathedral ceiling, and an open floorplan. Plumbing for a former kitchen has been capped off, and room partitions have been removed, except for the full bathroom. The 6.02-acre lot includes a stream, meadows, and wetlands, creating a habitat for wildlife. Currently operating as a co-op style store with 6 vendors, this turn-key business opportunity offers income potential. Located near the gateway to Mt Washington Valley, this commercially zoned log home is suitable for an art or yoga studio, professional office, or fishing and tackle shop. It is located 2.4 miles from Chocorua Lake and 1 mile from the Piper Trail to Mt Chocorua.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Building Supply Big Box & Wholesale Store Storage Facility HVAC Service Computer & Electronic Repair Tech Support Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.2219429
    Latitude
    43.9251455

    FAQs

    What type of property is this?
    Storefront property - Commercial log home with highway exposure and expansion potential.
    Where is this storefront property located?
    The property is located at 2659 NH Route 16 Albany, NH.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: Prime location on NH Rt 16 corridor with high traffic count and **600' road frontage, offering excellent business exposure.**; **Turn‑key business opportunity with existing co‑op style store** and potential for expansion or new ventures.; Commercially zoned log home suitable for various business types (art studio, office, retail) or residential use.
    (603) 823-5700
    We can help!
    Listing Contact
    Bernadette Donohue
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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