Mixed-Use Building with Restaurant
For Sale
$499,000
514 Crawford Notch Rd, Bartlett, NH 03812
Includes a commercial laundry area and a rented two-bedroom residential unit.
Property Size3,500 SF
Lot Size1.90 Acres
Price / SF$142.57
Days on Market119
Property Features for 514 Crawford Notch Rd
General Information
Standard status
Active
Size
3,500 SF
Lot size
1.90 Acres
Property Condition
Severity
Repairs Needed
Evidence
needs cosmetic work
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Additional Details
Average Monthly Rent
$2,000
Equipment Included
No
Taxes and HOA fees
Annual Taxes
$3,877
Amenities
three full bathrooms
one half bath
chambered septic system
drilled well
updated electrical system
full basement
Building Details
Buildings
1
Listing Agency:
Senne Residential LLC
(603) 356-9444
Listed By:
Margery J MacDonald
(603) 520-0718
Source:
Exprealty
Added: Jun 22
Changed: Oct 3
Last Checked: Oct 16 at 3:20PM
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 Senne Residential LLC
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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.
This 3,500-square-foot mixed-use property at 514 Crawford Notch Rd includes 2,300 square feet dedicated to a commercial laundry business and a two-bedroom residential unit that is presently rented. The building is offered in its current condition with equipment included; some equipment is not functional. Interior features include three full bathrooms, one half bath, and a partial full basement.
The 1.9-acre parcel provides level land, a large parking area, and 246 feet of frontage on Route 302 in lower Bartlett, near Attitash Bear Peak Ski Resort. Infrastructure includes a drilled well, updated electrical service, and a chambered septic system installed in 2020 with approval for 2,735 gallons per day. Town approval is in place to convert the laundry area into a 32-seat restaurant and 32-seat bar.
The 1.9-acre parcel provides level land, a large parking area, and 246 feet of frontage on Route 302 in lower Bartlett, near Attitash Bear Peak Ski Resort. Infrastructure includes a drilled well, updated electrical service, and a chambered septic system installed in 2020 with approval for 2,735 gallons per day. Town approval is in place to convert the laundry area into a 32-seat restaurant and 32-seat bar.
Key Highlights
- 3,500‑square‑foot mixed‑use building on 1.9 acres
- Commercial laundry occupies 2,300 square feet; equipment is included
- Town approval for a 32‑seat restaurant and 32‑seat bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,525
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,500
$850.5K
Cap Rate 7%
$607,500
$607.5K
Cap Rate 9%
$472,500
$472.5K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$75.6K $21.60/SF
− Vacancy
−$7.6K −$2.16/SF
EGI
$68.0K $19.44/SF
− OpEx
−$25.5K −$7.29/SF
NOI
$42.5K $12.15/SF
Area
Carroll County, NH
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,500
Cap Rate 7%
$607,500
Cap Rate 9%
$472,500
Alternative Uses
Best Use
Mixed Use
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 8.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$873.9K
$764.7K – $1.02M
NOI $61,176 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 03812, NH
936
Population
1,563
Households
0.6
Avg Household Size
53
Median Age
48%
College-Educated
100%
High-School Grad
58.6 sq mi
ZIP Area
16
Density / Sq Mi
$37,750
Median Earnings
$345,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a commercial laundry area and a rented two-bedroom residential unit.
Where is this mixed-use property located?
The property is located at 514 Crawford Notch Rd Bartlett, NH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,500‑square‑foot mixed‑use building on 1.9 acres; Commercial laundry occupies 2,300 square feet; equipment is included; Town approval for a 32‑seat restaurant and 32‑seat bar
