Property summary
This 2,310 square foot commercial property located at 569 Main Street in Berlin, New Hampshire, presents a unique investment opportunity. Situated on a 0.32-acre lot, the property boasts a prime location with high visibility and significant foot traffic, making it ideal for a variety of businesses. The space's versatility allows for diverse uses, including office space, retail, or a combination thereof. Potential business ventures could range from a mini-mall or recreational center to a restaurant, bar, or repair shop (car, ATV, or furniture). The high traffic flow makes it particularly suitable for businesses catering to quick service needs, such as a sub shop or coffee shop. The inclusion of a car charging station alongside a car repair shop could attract a broader customer base. The property's central location and ample space offer significant potential for a successful business venture. The property is priced at $119,900.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
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
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BG · Berlin, NHBUSINESS 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BG in Berlin, NH.
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