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Listed by Lobin Frizzell • KW Coastal and Lakes & Mountains Realty/Meredith
$ 799,000
Est. payment | /mo
0.86 Acres Lot
$ 799,000
Est. payment | /mo
0.86 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5096707
Year Built 1950
Annual Tax Amount $7,797
Tax Year 2025
Lot Size 0.860 Acres
Acres 0.86
Property Description
Prime Investment Opportunity Near North Conway Positioned on highly visible White Mountain Highway in the heart of the Mount Washington Valley, this income-producing investment property offers a compelling combination of immediate cash flow, expansion potential, and long-term value appreciation. Located just minutes from North Conway's shopping, dining, skiing, hiking, and year-round attractions, the property is ideally situated in one of New Hampshire's strongest tourism and rental markets. The property currently features three occupied residential living spaces, including a 5-bedroom, 2.5-bath residence, a 2-bedroom, 1-bath apartment, and a 3-bedroom, 2-bath residence, providing established income from day one. An on-site owner's living space offers additional flexibility for owner occupancy, property management, or supplemental rental income. Significant value-add potential exists through two additional unfinished 2-bedroom, 1.5-bath living spaces, one of which already has interior framing in place. Completion of these spaces presents an opportunity to further increase rental income and overall property value. The property has been well maintained and benefits from several capital improvements, including a durable metal roof, in-unit washer and dryer facilities, a fire suppression system, public water and sewer service, ample on-site parking, and a full basement providing valuable storage space for tenants and owners alike. Its versatile configuration and strategic location make it well suited for a variety of investment objectives. Whether you're seeking an income-producing asset with immediate cash flow or a property with future upside potential, this offering delivers both. Rarely does an opportunity combine current income, expansion potential, and proximity to North Conway's thriving commercial and recreational amenities. Investors seeking both immediate returns and long-term growth will find exceptional value in this unique Mount Washington Valley offering.
Location
State NH
County Nh-carroll
Area Nh-Carroll
Zoning HC
Rooms
Basement Entrance Interior
Basement Interior Access
Interior
Inclusions Land/Building
Exterior
Utilities Available Cable at Site
Roof Type Asphalt Shingle
Building
Sewer Private Available
Nearby Locations
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Kris Labrake
REALTOR® | Lic# 070372