Mixed-Use Property with
3360 & 3378 White Mountain Highway, Conway, NH 03860
For Sale
$2,700,000
Multi-Family, Conway, NH
Property Size10,404 SF
Lot Size5.20 Acres
Price / SF$259.52
Days on Market46
Property Features for 3360 & 3378 White Mountain Highway
General Information
Property type
Property subtype
Zoning
Rooms
Patio and Porch features
Exterior features
Appliances
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Water source
Amenities
mountain views
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
Badger Peabody & Smith Realty
(603) 356-5757
Listed By:
Kevin Killourie · License #051534
(603) 444-1294
Added: Sep 22
Changed: Oct 23
Last Checked: Nov 6 at 8:06PM
MLS# 5111039
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 mixed-use property combines a restaurant, brewery, five guest rooms, and a one-bedroom long-term rental within a 10,404-square-foot building. The Colonial-style structure was built in 1872 and includes a walkout basement with 4,500 square feet of additional space. Public water and sewer serve the property, while heating includes hot water and baseboard systems and cooling is provided by central air and multiple units.
The property encompasses 5.2 commercially zoned acres at 3360 & 3378 White Mountain Highway in Conway, New Hampshire. The site offers views toward Mount Washington and is adjacent to established businesses. HC zoning and the existing layout support continued restaurant use or conversion to apartments, with additional units possible within the building and on the rear and side portions of the land.
The property encompasses 5.2 commercially zoned acres at 3360 & 3378 White Mountain Highway in Conway, New Hampshire. The site offers views toward Mount Washington and is adjacent to established businesses. HC zoning and the existing layout support continued restaurant use or conversion to apartments, with additional units possible within the building and on the rear and side portions of the land.
Key Highlights
- 5.2 commercially zoned acres in Conway, NH
- 10,404‑square‑foot building with 4,500‑square‑foot walkout basement
- Restaurant, brewery, five guest rooms, and one‑bedroom long‑term rental
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,027
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,640,540
$2.6M
Cap Rate 7%
$1,886,100
$1.9M
Cap Rate 9%
$1,466,967
$1.5M
Market Conditions
NOI Build-Up for 10,404 SF
Gross rent
$187.3K $18.00/SF
− Vacancy
−$11.2K −$1.08/SF
EGI
$176.0K $16.92/SF
− OpEx
−$44.0K −$4.23/SF
NOI
$132.0K $12.69/SF
Area
Carroll County, NH
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,640,540
Cap Rate 7%
$1,886,100
Cap Rate 9%
$1,466,967
Alternative Uses
Best Use
Specialty Retail
$1.89M
$1.65M – $2.20M
NOI $132,027 @ 7.0% cap · market cap 4.89%
Second Best
Mixed Use
$1.81M
$1.58M – $2.11M
NOI $126,409 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$2.60M
$2.27M – $3.03M
NOI $181,849 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
277
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 Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned property with restaurant, brewery, guest rooms, and a long-term rental component.
Where is this mixed-use property located?
The property is located at 3360 & 3378 White Mountain Highway Conway, NH.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 5.2 commercially zoned acres in Conway, NH; 10,404‑square‑foot building with 4,500‑square‑foot walkout basement; Restaurant, brewery, five guest rooms, and one‑bedroom long‑term rental
