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Mixed-Use Income Property

361-365 Meadow Street Littleton, NH 03561

361-365 Meadow Street, Littleton, NH, 03561
$945,000
For Sale
$945,000

MULTI_FAMILY - Other - Littleton, NH

Property Size7,148 SF
Lot Size0.60 Acres
Price / SF$132.20
Days on Market47

Property Features for 361-365 Meadow Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
C-4
Bedrooms
8
Bathrooms
7
Rooms
Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 2, Bathroom 7, Basement, Bathroom 5, Bathroom 6, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 2
Patio and Porch features
Porch
Exterior features
Handicap Modified, Porch
Accessibility
Accessible Approach with Ramp
Standard status
Active
Size
7,148 SF
Lot size
0.60 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8036

Utilities

Heating system
Forced Air, Electric (Heating), Ductless (Heating), Floor Furnace
Cooling system
Zoned, Ductless
Water source
Public

Building Details

Year built
1824
Floors in Building
3
Number of units
7
Flooring type
Vinyl
Building materials
Wood Frame, Aluminum Siding
Roof type
Shingle, Metal
Architectural style
Other
Listing Agency RE/MAX in the Mountains
264 Main Street, Lincoln, NH
Listed by Ben Wilson
Added: Jun 4 Checked: Jul 20 at 12:06 am
MLS# 5092782 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.


Investment Insights

Based on property information with market context.

This mixed-use income property at 361-365 Meadow Street in Littleton includes seven income-producing units, with a combination of residential and commercial space. One residential unit is designed for handicapped accessibility, providing an expanded accommodation option within the building. The two commercial storefronts are leased to a single established business.

The property is located near Main Street in Littleton, with convenient access described to major employers and Littleton Regional Healthcare, as well as nearby outdoor recreation and the White Mountains. The listing also notes proximity to Interstate 93.

Zoned C-4, the property is offered for sale as a versatile asset that includes both residential units and two active storefront leases. Financial information is available to qualified buyers.

Key Highlights

  • Seven‑unit mixed‑use property with residential units and two commercial storefronts
  • Two storefronts are currently leased to a single established business
  • One residential unit is designed for handicapped accessibility, with an accessible approach using a ramp

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $115.8k $16.20
− Vacancy −$6.9k −$0.97
EGI $108.8k $15.23
− OpEx −$32.7k −$4.57
NOI $76.2k $10.66
7,148 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.09M
$952.4K – $1.27M (±1% cap)
NOI $76,195 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$928.4K
$812.3K – $1.08M (±1% cap)
NOI $64,986 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M (±1% cap)
NOI $110,064 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Plumbing Service Garden Center Locksmith Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

FAQs

What type of property is this?
Apartment building - Seven income-producing units combine residential living with two leased storefronts at 361-365 Meadow Street.
Where is this apartment building located?
The property is located at 361-365 Meadow Street Littleton, NH.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Seven‑unit mixed‑use property with residential units and two commercial storefronts; Two storefronts are currently leased to a single established business; One residential unit is designed for handicapped accessibility, with an accessible approach using a ramp
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