1657 White Mountain HwyConway, NH 03860

  • Retail properties
  • 2.60 AC
For Lease

Property Details for 1657 White Mountain Hwy

Year built
1983
Construction
FRAME
Lot size
2.60 AC
Zone code
HC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
CNWY M:235 B:87
APU
CNWYM235B87

Description

This exceptional retail opportunity is situated on a 2.63-acre lot in Conway, New Hampshire, at 1657 White Mountain Hwy, zip code 03860. The property offers a flexible approach to tenancy, with a maximum contiguous space of 6,000 square feet available. This presents a unique chance for businesses seeking a prominent location in Carroll County. The site is ideal for a ground lease or a build-to-suit development, allowing for complete customization to meet specific business needs. The address boasts excellent visibility and accessibility, making it an attractive location for a variety of retail ventures. The property is categorized as multi-tenant retail, providing opportunities for multiple businesses or a single large tenant. The total building square footage is currently zero, reflecting the build-to-suit potential. This presents a blank canvas for a new retail development, allowing for the creation of a modern and efficient space tailored to the tenant's requirements. The location in Conway, NH offers access to a thriving community and strong tourism traffic, making it an attractive investment opportunity. Interested parties are encouraged to explore the possibilities of this versatile and strategically located retail property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $30,359,006
    6.5%
    $28,023,698
    7%
    $26,022,004
  • Comparable approach

    Method
    Valuation
    Relative Method
    $37,341,188
    Geo Method
    $37,291,032
  • Alternative Use

    Use
    Valuation
    Residential
    $23,639,038
    Hospitality
    $21,653,230
    Educational
    $18,015,234
    Medical
    $18,634,806
    Retail
    $28,023,698
1657 White Mountain Hwy, Conway, New Hampshire

Location Insight

City
Conway
County
Carroll
State
New Hampshire
Latitude
44.0245
Longitude
-71.1166

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,703
$590,100
$954,700
$1,544,800
-
-
-
-

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