379 White Mountain Highway
Conway, NH, 03818 $ 799,000
Bedrooms-- Baths-- Monthly Estimate*
$ 5,045
Listed by Lobin Frizzell, KW Coastal and Lakes & Mountains Realty/Meredith, 603-662-4095, lobin603@kw.com
for $799,000. This building was built in 1950 on a lot size of 0.86.
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.
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Commercial ActiveBusiness,Hospitality,Opportunity
FeaturesInteriorBasement Description Interior Access
Basement Yes
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GeneralRoad Frontage Yes
Sewer Private Available
Heating Baseboard Hot Water Oil
Utilities Cable at Site
Roof Asphalt Shingle
Zoning HC
Year Built 1950
Business Type Business Hospitality Opportunity
Auction No
Tax Year 2025
Status Detail 1
Construction Materials Wood Frame Vinyl Siding
Directions From Route 16 in Conway Village turn North and go over the Saco River past past Emery Lane about 100 yards and #379 will be on your right.
City Conway
DOM 0
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ExteriorLot Size Area 0.86
Water Source Public
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* Excluded FeaturesList ByLobin FrizzellListing Agent
Kw Coastal And Lakes & Mountains Realty/MeredithBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,045
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Conway, NH
Average List Price $1,168,288
Percent of Sale Price 46%
About Conway, NH 10,391 Population
22% Since 2002
$ 57,869 Median Income
46.78 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/25/2026 | $799,000 | | Listed Price |