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Offered at $350,000Active
beds
baths
sq ft
Built
1910

198 - 204 Main Street

Berlin, NH 03570

Commercial Sale · Active · MLS #5108742
Listing Courtesy of Badger Peabody & Smith Realty | Don Lapointe

The home

About this home

The Albert Theater in downtown Berlin, NH, is a historically significant building first constructed in 1907 and rebuilt in 1910 after a fire. It originally served as a vaudeville and silent movie theater, transitioned to talking films in the 1920s, and operated as a theater until 1957. The building later became a WT Grants department store until 1976, then housed a vending machine business until 1998. The property was acquired in 1998 to support downtown revitalization and help retain JC Penney as an anchor store, though the retailer ultimately closed. After years without winter heat, frozen roof drains and water damage left the building in need of restoration. The current owners began a labor of love removing the old debris and starting the renovation process till 2018. They have currently maintained the building from 2018 to present. Today, the site presents strong redevelopment potential for investors seeking adaptive reuse opportunities that combine historic character with modern commercial or mixed-use space. Its central location and rich heritage make it a strong candidate for revitalization in Berlin’s downtown corridor. A small rear portion of the building contains wireless equipment and a cell tower under an easement agreement. A complete outline of updates, repairs, improvements, and plans is available for review online and at the building.

Property information

Details at a glance

Building4 property facts
Style
Other
Year built
1910
Foundation
Brick/Mortar, Block, Stone
Roof
Membrane
Land & utilities4 property facts
Lot size
0.26 acres
Water
Public
Sewer
Public Sewer
Zoning
BG
Financial2 property facts
Annual taxes
$7,392
Assessment year
2025

Plan your purchase

Estimated monthly cost

Explore costs at the $350,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,386 / monthAdjust
Principal & interest
$1,770
Property tax
$616
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,392. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

Compare with confidence

Price & market context

See how this home compares with active listings in Berlin.

This home compared with active listings in Berlin
MetricThis homeLocal listings
List price$350,000$349,950Near the local benchmark
Price / sq ft
Days on market054100% below local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

Keep exploring

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Common questions

About 198 - 204 Main Street

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Request a tour of 198 - 204 Main Street and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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