Two-Unit Mixed-Use
3316 White Mountain Highway, Conway, NH 03860
For Sale
New
$699,000
Multi-Family, Conway, NH
Property Size1,918 SF
Lot Size1.48 Acres
Price / SF$364.44
Days on Market2
Property Features for 3316 White Mountain Highway
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
Size
Lot size
Additional Details
Currently Operating
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Water front
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
KW Coastal and Lakes & Mountains Realty/N Conway · Keller Williams Realty
(603) 730-5683
Listed By:
Kimberly Clarke
(603) 986-0840
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 5117775
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.
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Investment Insights
Based on property information with market context.
This 1,918-square-foot mixed-use property sits on 1.48 acres and is arranged as two units. The first floor is currently used as a medical office, with an accessible bathroom and laminate flooring. Upstairs, a two-bedroom apartment has its own entrance, a bathroom with a shower, and four additional rooms. A full basement provides additional building space. The property was built in 1930 and is in the HC zone.
Located on White Mountain Highway in Conway, the site is near skiing, hiking, shops, restaurants, and White Mountain recreation. Public water serves the property, and public sewer is available at the street. The town identifies the building as a two-unit property.
Located on White Mountain Highway in Conway, the site is near skiing, hiking, shops, restaurants, and White Mountain recreation. Public water serves the property, and public sewer is available at the street. The town identifies the building as a two-unit property.
Key Highlights
- 1,918 square feet on 1.48 acres
- Two‑unit configuration: first‑floor medical office and second‑floor two‑bedroom apartment
- First‑floor space includes an accessible bathroom and laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,411
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,220
$528.2K
Cap Rate 7%
$377,300
$377.3K
Cap Rate 9%
$293,456
$293.5K
Market Conditions
NOI Build-Up for 1,918 SF
Gross rent
$41.4K $21.60/SF
− Vacancy
−$6.2K −$3.24/SF
EGI
$35.2K $18.36/SF
− OpEx
−$8.8K −$4.59/SF
NOI
$26.4K $13.77/SF
Area
Carroll County, NH
Vacancy
15.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,220
Cap Rate 7%
$377,300
Cap Rate 9%
$293,456
Alternative Uses
Best Use
Office B
$377.3K
$330.1K – $440.2K
NOI $26,411 @ 7.0% cap · market cap 3.78%
Second Best
Mixed Use
$332.9K
$291.3K – $388.4K
NOI $23,304 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$478.9K
$419.1K – $558.7K
NOI $33,524 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
1
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
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Business Placement
Demographics for 03860, NH
3,910
Population
3,169
Households
1.2
Avg Household Size
53
Median Age
40%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
169
Density / Sq Mi
$81,771
Median Household Income
$45,915
Median Earnings
$1,094
Median Rent
$328,500
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The first floor is used as a medical office, while the upper level contains a two-bedroom apartment.
Where is this mixed-use property located?
The property is located at 3316 White Mountain Highway Conway, NH.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,918 square feet on 1.48 acres; Two‑unit configuration: first‑floor medical office and second‑floor two‑bedroom apartment; First‑floor space includes an accessible bathroom and laminate flooring
