38 Glen Avenue (Route 16)
Thursday, February 16, 2023 1:00 p.m.
| Auction Type | Real Estate Auction |
| Date | 2/16/2023 1:00 p.m. |
| Address |
38 Glen Avenue (Route 16) Berlin NH |
| Online Auction URL | View Online Auction |
| Location Link | View The Map |
| Bidder Deposit | Pay Online |
AUCTION
Aubuchon Anchored Multi-Tenant Retail/Office Building (Route 16)
Berlin, NH
Thursday, February 16th at 1:00 p.m.
Selling to the Highest Bidder above $250,000 (2022 NOI $75,926)
On-site auction with online bidding available by request.
38 Glen Avenue (Route 16) is highly visible and accessible as you enter downtown. This multi-unit retail/office building includes 13,853 sq.ft. of rentable space and is sited on a .67± acre, corner lot with 342’ of road frontage on Route 16 and Diana Street. There is a lower parking area for the retail portion and an upper lot for the office space. Aubuchon occupies 9,840± sq.ft. with an office tenant occupying 1,750 sq.ft. The property is serviced by city water and sewer and natural gas. Zone: Downtown. Tax Map 118, Lot 137.
Property Inspection: One hour prior to the auction.
A $10,000 deposit by certified check or E-check through Earnnest payable to Paul McInnis LLC Escrow or other funds acceptable to auctioneer will be required as a qualification to bid. Successful bidder to increase deposit to a total of 10% of the Total Purchase Price at time of sale with the balance due at closing within 30 days of the auction. A 10% Buyer’s Premium will be added to the high bid price to become the Total Purchase Price. Subject to all Terms of Sale. Property is being sold with marketable title free and clear of all liens. Sale is subject to all terms of sale.
All other terms are provided in the Property Information Package.
Auction Subject to all Terms of Sale © 2023 Paul McInnis LLC
Paul McInnis LLC Auctioneers, Appraisers
Real Estate Brokerage & Realtors, Estates
Serving New Hampshire, Maine, Massachusetts & Vermont
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