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    2627 White Mountain Hwy Conway, NH 03860

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    For Lease
    Contact for pricing

    Commercial For Lease - Conway, NH

    Property size:
    5,000 SF
    Lot size:
    0.23 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 15 at 7:06 am

    Property Features for 2627 White Mountain Hwy

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    VC
    Rooms
    Basement
    Basement Y/N
    1
    Size
    5,000 SF
    Lot size
    0.23 Acres

    Building Details

    Year built
    1915
    Number of units
    3
    Architectural style
    Other

    Coldwell Banker Realty (603) 848-9559 [email protected]

    Listing agent Alexander Berube (603) 471-0777

    Listing date Jan 13, 2026

    MLS# 5073721 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.

    Overview

    Prime Retail Space in Conway, NH

    This commercial property features two retail spaces available for lease in the heart of North Conway’s commercial district. The location benefits from exceptional exposure, strong tourism activity, and high pedestrian traffic. The property is positioned directly across from the Conway Scenic Railway Station. Average daily traffic count is approximately 17,000 vehicles per day. The available spaces include Unit A, a 4,100 square foot ground-level retail unit, and Unit C, a 5,000 square foot second-floor retail or commercial space. Both units feature tall ceilings and public water and sewer, providing flexibility for a wide range of retail, showroom, restaurant, or service-oriented uses. The spaces will be delivered in a warm shell condition, allowing tenants to build out the premises to suit their specific operational needs and branding. The property is situated on a 0.23-acre lot. This property presents an opportunity for businesses seeking a location in one of North Conway’s active areas. It is available for occupancy now.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Auto Parts Store Storage Facility Garden Center Furniture Store Smoke and Vape Shop Cosmetics Store Home Appliance Store Optical Shop Shoe Store Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Carroll
    State
    New Hampshire
    Longitude
    -71.110432
    Latitude
    43.995095

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    FAQs

    What type of property is this?
    Retail space - Highly visible commercial property in North Conway's vibrant commercial district.
    Where is this retail space located?
    The property is located at 2627 White Mountain Hwy Conway, NH.
    What are key features of this property?
    This property features: - Exceptional Exposure & High Traffic: Located in the heart of North Conway's commercial district, directly across from the Conway Scenic Railway, with approximately 17,000 vehicles per day (VPD).; - Flexible Space Options: Two available units (4,100± SF ground-level and 5,000± SF second-floor) suitable for retail, showroom, restaurant, or service-oriented businesses.; - Warm Shell Condition: Spaces delivered in warm shell condition, allowing for customized build-out to suit specific tenant needs and branding.
    (603) 471-0777
    Request Owner's contact information
    2627 White Mountain Hwy Conway, NH 03860
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    Conway, NH 03860
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    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.

    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
    2627 White Mountain Hwy Conway, NH 03860
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