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Mixed-Use Property with Restaurant

3360 & 3378 White Mountain Highway, Conway, NH 03860

For Sale
$2,700,000

Commercial Sale, Conway, NH

Property Size10,000 SF
Lot Size5.20 Acres
Price / SF$270
Days on Market46

Property Features for 3360 & 3378 White Mountain Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning HC
Rooms Basement
Lot features Near Paths, Near Shopping, Near Skiing, Landscaped, Major Road Frontage, Mountain View, Neighbor Business, Sloping, View, Near Hospital
Directions From N Conway Village drive north/west on Route 16/302 one mile. Property is on the left.
Standard status Active
Lot size 5.20 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 18866

Utilities

Utilities Cable Available
Heating system Baseboard, Hot Water(Heating)
Cooling system Central Air, Multi Units
Water source Public

Amenities

Views to Mt. Washington
Flexible layout
Walkout basement

Building Details

Year built 1872
Building materials Wood Frame, Brick Veneer Exterior, Wood Siding
Roof type Membrane, Shingle
Buildings 1
Listing Agency: Badger Peabody & Smith Realty
Listed By: Kevin Killourie · License #051534
Added: Sep 22 Changed: Nov 5 Last Checked: Nov 6 at 8:06PM
MLS# 5111032

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located at 3360 & 3378 White Mountain Highway in Conway, this mixed-use property includes a 10,000-square-foot building on 5.2 commercially zoned acres. The existing configuration combines a restaurant, brewery, five guest rooms, and a one-bedroom long-term rental. A 4,500-square-foot walkout basement provides additional space for infrastructure and building support.

The property is zoned HC and served by public water and sewer. Building features include wood-frame construction with brick veneer and wood siding, hot-water baseboard heating, central air, and multi-unit cooling. The structure dates to 1872 and includes shingle and membrane roofing. Views toward Mt. Washington and adjacency to established businesses add context to the site.

Key Highlights

  • 10,000‑square‑foot mixed‑use building on 5.2 commercially zoned acres
  • Existing restaurant, brewery, five guest rooms, and one‑bedroom long‑term rental
  • 4,500‑square‑foot walkout basement for infrastructure and additional space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$126,900
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,538,000 $2.5M
Cap Rate 7%
$1,812,857 $1.8M
Cap Rate 9%
$1,410,000 $1.4M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$180.0K $18.00/SF
− Vacancy
−$10.8K −$1.08/SF
EGI
$169.2K $16.92/SF
− OpEx
−$42.3K −$4.23/SF
NOI
$126.9K $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%
$2,538,000
Cap Rate 7%
$1,812,857
Cap Rate 9%
$1,410,000

Alternative Uses

Best Use
Specialty Retail
$1.81M
$1.59M – $2.12M (±1% cap)
NOI $126,900 @ 7.0% cap · market cap 4.70%
Second Best
Mixed Use
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,500 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$2.50M
$2.18M – $2.91M (±1% cap)
NOI $174,787 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Dental Office Barber Shop Veterinary Clinic

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant, brewery, guest lodging, and residential space occupy a flexible commercial property with public water and sewer.
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: 10,000‑square‑foot mixed‑use building on 5.2 commercially zoned acres; Existing restaurant, brewery, five guest rooms, and one‑bedroom long‑term rental; 4,500‑square‑foot walkout basement for infrastructure and additional space
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