135 Gln Ave Berlin, NH 03570-1905
This 5,150 square foot storefront, located at 135 Glen Ave in Berlin, NH (03570), presents a unique investment opportunity. Currently housing Rockingham Electric, this property boasts exceptional visibility on Route 16, making it ideal for a variety of retail businesses. Built in 1920, the building features a recently renovated storefront with new flooring, stairs, air conditioning, and countertops. The warehouse area offers extensive storage capabilities, complemented by two drive-in doors and a loading dock for efficient shipping and receiving. The property sits on a .49-acre lot with 161 feet of road frontage and offers a walkout full basement. Construction includes metal and vinyl siding, a concrete slab foundation, and a roof comprised of membrane, metal, and asphalt shingles. Utilities include 200-amp electric service, public water and sewer, telephone, and cable internet access. Heating is provided by forced air, fueled by electricity and oil. The property is zoned BG and enjoys exclusive water rights on the Androscoggin River. The seller is open to conveying the property either vacant or with a lease in place. This property may also be purchased as part of a package deal with another property (MLS#4990370). The asking price is $300,000.
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Rockingham Electrical Supply Building Supply Electrical Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BG · Berlin, NHBerlin. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.