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Property profile & analytics
FOR SALE
Office buildings
206 Main St Berlin, NH 03570
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US58-0157784
For Sale
1 / 38
$299,900
206 Main St, Berlin, NH 03570
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,232 SF
Lot
0.13 ac (5,663 SF)
Zoning code
DT
APN
BELN M:00119 B:000017 L:000000
UPID
US58-0157784
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
Current use
Occupant on record · Public records
-
Live Free Food Bakery Specialty Food Shop
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
Ryan M Charest · 3 yrs held
Ryan M Charest
since 2022
2 recorded transactions
Zoning & alternative use
DT · Berlin, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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, government, and housing uses. A mixture of uses is encouraged. Access is primarily pedestrian. New development should be compatible with the arch…
Zone name
Downtown
General category
COMMERCIAL
Zone area
7.13 ac
Source
ZONING ORDINANCE
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,504
Tax year 2023
Assessed value
$55,900
Assessed 2023
Previous assessed
$55,900
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$19,300
Assessed improvement
$36,600
Applied tax rate
5,140.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
1,232 SF
Lot
0.13 ac (5,663 SF)
Zoning code
DT
APN
BELN M:00119 B:000017 L:000000
UPID
US58-0157784
Jurisdiction
BERLIN CITY
Zoning & alternative use
DT · Berlin, NHZoning DT · permitted uses
DT · Berlin, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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, government, and housing uses. A mixture of uses is encouraged. Access is primarily pedestrian. New development should be compatible with the architectural qualities, graceful details, and scale of existing older or historic structures which give this area its character.
Zone name
Downtown
General category
COMMERCIAL
Zone area
7.13 ac
Source
ZONING ORDINANCE
Building & site characteristics
From public records
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Ryan M Charest
Individual
Mailing address
206 MAIN ST, BERLIN, NH 03570-2401
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
—
Ryan M Charest
—
Deed
related
$210,000 · Coos Econ Development
Feb 9, 2022
—
Ryan M Charest
—
Deed
related
$160,000 · Northern Community Investment
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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