Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    End Cap Office/Retail Suite Title is generated by Realmo AI

    486 White Mountain Highway, Conway, NH 03818

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Conway, NH

    Property size:
    3,000 SF
    Lot size:
    1.82 Acres
    Added:
    Feb 12, 2025
    Days on Market:
    477
    Last Refresh:
    Jun 4 at 9:06 am

    Property Features for 486 White Mountain Highway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Roadside Commercial
    Rooms
    Basement
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    Lot size
    1.82 Acres

    Utilities

    Utilities
    Cable Available
    Water source
    Public

    Building Details

    Year built
    1978

    We can help!

    Listing Contact
    Phil LaRoche

    Listing agent Phil LaRoche

    Listing office Coldwell Banker LIFESTYLES- Conway 2185 White Mountain Highway, Conway, NH

    Listing date Feb 12, 2025

    MLS# 5029347

    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.

    HighLights

    • End cap office/retail space in a professional building
    • Up to 3,000 SF available
    • High traffic NH Route 16 location, about 5 minutes to North Conway and Conway
    • Only 2 minutes south of the tax‑free outlet stores
    • Modified gross/NNN lease with a minimum 3‑year term (lease rate varies by terms)
    • Public water available; cable available; accessible approach with ramp

    Overview

    This end cap office/retail suite is located within a professional building and offers up to 3,000 square feet of available space. The property is part of the Village on the Saco, where recent paving and exterior improvements have already been completed, with additional exterior work planned.

    The building is conveniently positioned on high-traffic NH Route 16 at 486 White Mountain Highway in Conway, NH 03818. The area provides quick access to the villages of North Conway and Conway, approximately five minutes away, and it is about two minutes south of the tax-free outlet stores.

    The space is suited for tenants seeking a storefront-style setup with the option to operate as either office or retail, under a modified gross/NNN lease structure. Lease terms are variable, with a minimum 3-year term required. Zoning is Roadside Commercial, aligning with commercial uses along the corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Hair Salon Dental Office Auto Repair Shop Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.11116945
    Latitude
    43.99165197

    Nearby Similar for Lease

    • Contact for pricing

      Updated Retail Storefront Suite

      Updated storefront with segmented rear space, suited to tenants seeking a long-term lease in a visitor-driven retail setting.
      50 White Mountain Highway, Conway, NH 03818
      View Details
    • Contact for pricing

      Office Suite with Parking Access

      Flexible office layout with on-site front parking, public utilities, and forced hot air propane heat.
      23 Seavey Street, Conway, NH 03860
      View Details
    • Contact for pricing

      High-Visibility Retail Storefront

      Retail space in a shared highway commercial building with strong signage and established co-tenancy nearby.
      1881 White Mountain Highway, Conway, NH 03860
      View Details
    • Contact for pricing

      Flex Space with Office and Bays

      Flexible commercial space with open bays, office area, and two bathrooms in a high-visibility Main Street setting.
      45 Main Street, Conway, NH 03813
      View Details
    • Contact for pricing

      Office Space with Separate Entrance

      Office suite in a commercial building with a separate entrance, pond frontage, and parking in a high-visibility area.
      45 Main Street, Conway, NH 03813
      View Details
    • $700/Mo
      1,334 SF

      Refreshed Commercial Space For Rent

      Recently updated commercial space with flexible use options available.
      45 Main St, Conway, NH 03818
      View Details
    • $700/Mo

      Office Space For Rent

      Office space in high visibility, high traffic area.
      45 Main St Office Space, Conway, NH 03813
      View Details
    • Contact for pricing

      Highway Commercial Retail & Office

      High-traffic highway commercial building with ample parking and established anchors including a casino and liquor store.
      234 White Mountain Highway, Conway, NH 03818
      View Details
    • Contact for pricing

      Retail or Office Space

      Commercial space on a busy road with shared common areas, suitable for retail or office use with flexible landlord fit-up.
      1976 White Mountain Highway, Conway, NH 03860
      View Details
    • Contact for pricing

      Divisible Office Suites

      Flexible, divisible office suites with private entrances, common restrooms, breakrooms, and conference areas in Conway Village.
      71 Hobbs Street, Conway, NH 03818
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space Near Settler's Green

      Retail space adjacent to Settler's Green Outlet Center.
      32 Mountain Valley Blvd, Conway, NH
      View Details

    FAQs

    What type of property is this?
    Office units - Endcap office or retail space in a professional building on high-traffic Route 16, with flexible modified gross/NNN terms.
    Where is this office units located?
    The property is located at 486 White Mountain Highway Conway, NH.
    What are key features of this property?
    This property features: End cap office/retail space in a professional building; Up to 3,000 SF available; High traffic NH Route 16 location, about 5 minutes to North Conway and Conway
    (603) 447-2117
    We can help!
    Listing Contact
    Phil LaRoche
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    486 White Mountain Highway, Conway, NH 03818
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!