Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
DOWNTOWN ZONE (DT) Sec. 17-91. Purpose The Downtown (DT) zone is intended to be the center or hub of the City of Berlin. Geographically, it covers the downtown area. The zone provides commercial, financial, retail, gover…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DT · Berlin, NHDOWNTOWN ZONE (DT) Sec. 17-91. Purpose The Downtown (DT) zone is intended to be the center or hub of the City of Berlin. Geographically, it covers the downtown area. The zone provides commercial, financial, retail, gover…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
DOWNTOWN ZONE (DT) Sec. 17-91. Purpose The Downtown (DT) zone is intended to be the center or hub of the City of Berlin. Geographically, it covers the downtown area. The zone provides commercial, financial, retail, gover…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DT in Berlin, NH.
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