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Financial
Distress signals
Property profile

161 Milan Rd Berlin, NH 03570

OFF-MARKET
Turn key restaurants
Property ID
US58-0198179
5,905 SF 1.3 ac lot Built 1925
Last sale Nov 2004 · $125,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a banquet hall and catering venue in the White Mountains region of New Hampshire, configured with a banquet hall, stage area, bar, and a commercial kitchen, along with associated equipment and furnishings used for event operations. It includes land with frontage along Horne Brook for outdoor event use. The interior is set up to accommodate seating for 350 patrons indoors, with an additional capacity of 45 patrons across deck and patio areas. The property underwent interior and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$275k
Assessed land$51k
Assessed improvement$224k
Effective rate2.69%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$295k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RR
RURAL RESIDENTIAL ZONE (RR) Sec. 17-51. Purpose The intent of the Rural Residential (RR) zone is to maintain the integrity of rural-orien...
General categoryCOMMERCIAL
JurisdictionBERLIN CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.3
Auto Parts Store8.2
Catering Service8.1

Location

161 Milan Rd Berlin, NH 03570-3553
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
87 Main, Berlin, NH 03570-2416 $120,000 Feb 2024 3,410 SF
156 Main, Berlin, NH 03570-2400 $50,000 Oct 2023 1,596 SF
148 Main, Berlin, NH 03570-2400 $85,000 Apr 2023 2,309 SF
4 Hillside, Berlin, NH 03570-1812 $380,000 Jun 2022 2,121 SF
173 Pleasant, Berlin, NH 03570-2007 $440,000 Jun 2022 2,625 SF
161 Main, Berlin, NH 03570-2417 $133,100 Aug 2019 2,982 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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