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Approved 19-Unit Apartment Redevelopment
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40 Jericho Rd, Berlin, NH 03570

Build-ready project includes municipal utilities, parking, and planned sprinkler infrastructure.

Property Size76,969 SF
Price / SF$6.48
Days on Market16

Property Features for 40 Jericho Rd

General Information

Standard status Active
Size 76,969 SF
Class A
Property subtype Multifamily, Industrial
Zoning IB/INDUSTRIAL/BUSINESS

Additional Details

Utilities to Site Yes
Multifamily Units 19

Building Details

Year Built 1987
Buildings 3
Stories 1
Units 19
Listing Agency: Granite Commercial Real Estate
Listed By: James Prieto · License #NH
Source: Crexi
Added: Aug 6 Changed: Aug 14 Last Checked: Aug 19 at 2:09PM

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 Granite Commercial Real Estate

Investment Insights

Based on property information with market context.

This approved multifamily redevelopment project is planned for 19 apartments and includes concept floor plans to guide the proposed buildout. Municipal utilities, sprinkler infrastructure, and on-site parking are incorporated into the project, with zoning identified as IB/Industrial/Business. The property also carries a 1987 year-built designation.

Located on Jericho Road in Berlin, the project is positioned near the Jericho Mountain recreation corridor and the Berlin/Gorham service hub. The surrounding context includes regional employers, healthcare, and state and municipal employment, along with four-season outdoor recreation activity in New Hampshire.

Key Highlights

  • Approved redevelopment plan for 19 multifamily units
  • Concept floor plans already prepared for the proposed project
  • Municipal utilities included

Property Analytics

Current Use

BFO Truck & Trailer ... Auto Repair Shop Presby R&D Manufacturing, ... Metal Fabrication Plant

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 03570, NH

9,429
Population
4,372
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
85%
High-School Grad
137.4 sq mi
ZIP Area
69
Density / Sq Mi
$43,972
Median Household Income
$34,612
Median Earnings
$804
Median Rent
$113,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Build-ready project includes municipal utilities, parking, and planned sprinkler infrastructure.
Where is this apartment building located?
The property is located at 40 Jericho Rd Berlin, 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: Approved redevelopment plan for 19 multifamily units; Concept floor plans already prepared for the proposed project; Municipal utilities included
(603) 867-3183 Call to check price and availability
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