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Property profile

55 Maynesboro St Berlin, NH 03570

FOR SALE
Manufacturing properties
Property ID
US58-0231631
5,650 SF 0.53 ac lot Built 1950
Individually Owned 27-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial site totaling 2.72 acres across four contiguous lots, containing four buildings plus storage structures and paved parking. It includes a 10,051-square-foot office building configured for up to seven business suites, with a handicapped-accessible bathroom on the first floor and two bathrooms on the second floor; the second floor also features a large finished open area suitable for uses such as health/fitness or expanded workspace. There is a 5,668-square-foot warehouse/manufacturing building with mezzanines and two oversized garage doors. Two storage buildings provide ten storage bays and four additional storage units. A 0.31-acre paved parking lot supplies dedicated parking, with additional space for parking or equipment storage on adjoining lots and roadway access suitable for trucks and equipment. The site is zoned Business General, supporting a range of uses including storage, office, and manufacturing, with potential for redevelopment.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,650 SF
Lot 0.53 ac (23,087 SF)
Zoning code BG
APN BELN M:00135 B:000041 L:000000
UPID US58-0231631

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Life Coach Reiki Therapist
  • Advocacy Group
  • Electronics & Wireless Store
  • Electrical Service General Contractor

Location

55 Maynesboro St Berlin, NH 03570
Berlin metro Census 950600 BERLIN, NH-VT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 1999
2 recorded transactions
2010
Price N/A
1999
$300,000

Zoning & alternative use

BG · Berlin, NH
Zoning description

BUSINESS GENERAL ZONE (BG) Sec. 17-101. Purpose The purpose of the Business General (BG) zone is to provide an area for intense commercial development and light industrial facilities with a customer service area which ex…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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