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    OFF-MARKET
    Retail properties & Spaces

    151 Main St, Berlin, NH 03570-2417

    10,145 SF 0.14 ac lot Built 1910
    Individually Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US58-0080312
    Property summary
    AI-generated overview

    This exceptional 0.14-acre commercial property, located at 151 Main Street in Berlin, New Hampshire (zip code 03570), presents a unique investment opportunity. The property features a substantial 10,000 square foot building constructed in 1910 and extensively renovated between 2008 and 2010. The two-level building boasts beautiful original features including tin ceilings, woodwork, and marblewood flooring, complemented by modern updates throughout. Currently vacant, the property offers versatile space suitable for a variety of uses, including retail, office, restaurant, or even residential conversion. The building's grand lobby, multiple rental spaces, shared kitchen, conference room, and restrooms provide ample flexibility. Its prime location on Main Street in Berlin, a vibrant community nestled in the scenic North Country, offers excellent access to a diverse customer base, including outdoor enthusiasts drawn to the area's hunting, fishing, and snowmobiling opportunities. The property's rich history is showcased in its entrance, adding to its unique character and appeal. Detailed information will be provided to qualified buyers upon request. The asking price is $380,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 1910
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 10,145 SF
    Lot 0.14 ac (6,098 SF)
    Zoning code DT
    APN BELN M:00119 B:000053 L:000000
    UPID US58-0080312
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Northway Bk · 7 yrs held
    Northway Bk
    since 2018
    Last sale
    $130,000
    3 recorded transactions
    2018
    $120,000
    2009
    2009
    $175,000
    Zoning & alternative use
    DT · Berlin, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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