Mixed-Use Property with
For Sale
$895,000
361-365 Meadow Street, Littleton, NH 03561
Seven-unit mixed-use building with two leased storefronts and accessible residential accommodations.
Property Size7,148 SF
Price / SF$125.21
Days on Market147
Property Features for 361-365 Meadow Street
General Information
Standard status
Active
Size
7,148 SF
Property subtype
Multi-family
Lease Term
[]
Additional Details
Highway Access
Yes
Multifamily Units
7
Building Details
Year Built
1824
Listing Agency:
RE/MAX in the Mountains
Listed By:
Ben Wilson
(603) 348-7028
Source:
Lakesregionrealestate
Added: Jun 2
Changed: Oct 25
Last Checked: Oct 24 at 9:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX in the Mountains
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-maintained mixed-use property includes seven income-producing units, combining residential and commercial space in one building. The residential component features multiple rental units, including one unit designed for handicapped accessibility to support broader tenant needs. The commercial portion consists of two storefront spaces currently leased to a single established business, creating a straightforward operating arrangement.
Located in Littleton, New Hampshire, the property is described as being in the heart of town and just minutes from Main Street. That puts tenants within easy reach of the area’s downtown retail and dining options, as well as local cultural attractions and year-round community events. The property is also noted as being conveniently near Interstate 93, Littleton Regional Healthcare, and access points to outdoor recreation and the White Mountains.
For buyers and tenants seeking a versatile real estate asset, this offering provides both residential and storefront income streams under one ownership profile. The presence of accessible residential housing and an existing single-tenant lease for the storefronts may be attractive to operators looking for practical continuity and an easier commercial leasing structure.
Located in Littleton, New Hampshire, the property is described as being in the heart of town and just minutes from Main Street. That puts tenants within easy reach of the area’s downtown retail and dining options, as well as local cultural attractions and year-round community events. The property is also noted as being conveniently near Interstate 93, Littleton Regional Healthcare, and access points to outdoor recreation and the White Mountains.
For buyers and tenants seeking a versatile real estate asset, this offering provides both residential and storefront income streams under one ownership profile. The presence of accessible residential housing and an existing single-tenant lease for the storefronts may be attractive to operators looking for practical continuity and an easier commercial leasing structure.
Key Highlights
- 7‑unit mixed‑use building in Littleton, NH, featuring both residential and commercial space
- Includes 2 commercial storefronts leased by a single established business
- Residential units include one handicapped‑accessible unit designed for accessibility accommodations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,982
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,479,640
$1.5M
Cap Rate 7%
$1,056,886
$1.1M
Cap Rate 9%
$822,022
$822.0K
Market Conditions
NOI Build-Up for 7,148 SF
Gross rent
$128.7K $18.00/SF
− Vacancy
−$10.3K −$1.44/SF
EGI
$118.4K $16.56/SF
− OpEx
−$44.4K −$6.21/SF
NOI
$74.0K $10.35/SF
Area
Grafton County, NH
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,479,640
Cap Rate 7%
$1,056,886
Cap Rate 9%
$822,022
Alternative Uses
Best Use
Mixed Use
$1.06M
$924.8K – $1.23M
NOI $73,982 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$928.4K
$812.3K – $1.08M
NOI $64,986 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,064 @ 7.0% cap · market cap 12.30%
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
Lease Details
7
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
Explore this area
Business Placement
Demographics for 03561, NH
6,005
Population
3,124
Households
1.9
Avg Household Size
47
Median Age
25%
College-Educated
86%
High-School Grad
50.0 sq mi
ZIP Area
120
Density / Sq Mi
$54,545
Median Household Income
$44,391
Median Earnings
$886
Median Rent
$249,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Seven-unit mixed-use building with two leased storefronts and accessible residential accommodations.
Where is this mixed-use property located?
The property is located at 361-365 Meadow Street Littleton, NH.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 7‑unit mixed‑use building in Littleton, NH, featuring both residential and commercial space; Includes 2 commercial storefronts leased by a single established business; Residential units include one handicapped‑accessible unit designed for accessibility accommodations
