List Price: $949,900 | $109 per sq.ft. Commercial
Space type
Price Change! Reduced by $49,100 down 5% on April 30th 2024
Date Listed Sunday Dec 10, 2023 | MLS# 4979885
Space type
Price Change! Reduced by $49,100 down 5% on April 30th 2024
Date Listed Sunday Dec 10, 2023 | MLS# 4979885
To see this Listing
Address: 210 North State Street Concord NH
Listed by Nick Gray Gray Property Group, LLC
Description:
Exceptional investment opportunity near the heart of historic Concord! This 8,718 SF, 6-unit freestanding office condominium is conveniently situated on North State Street within ~1 mile of Downtown Concord, Route I-93, and Route I-393. The property features highly visible signage, meticulously maintained grounds, and thoughtfully designed layouts that include reception areas, conference rooms, kitchenettes, and private bathrooms. The property's 42 parking spaces and 3 garage bays serve as strong selling points to attract and retain top tenants. The building is fully-occupied and the current rent roll provides steady and predictable income, with over 60% of rents secured by leases extending to 2028-2029. This property is more than just office space - it's a smart investment in the next chapter of Concord's storied legacy.
Building Type : Office
Sale Includes : Building
Listed by Nick Gray Gray Property Group, LLC
Description:
Exceptional investment opportunity near the heart of historic Concord! This 8,718 SF, 6-unit freestanding office condominium is conveniently situated on North State Street within ~1 mile of Downtown Concord, Route I-93, and Route I-393. The property features highly visible signage, meticulously maintained grounds, and thoughtfully designed layouts that include reception areas, conference rooms, kitchenettes, and private bathrooms. The property's 42 parking spaces and 3 garage bays serve as strong selling points to attract and retain top tenants. The building is fully-occupied and the current rent roll provides steady and predictable income, with over 60% of rents secured by leases extending to 2028-2029. This property is more than just office space - it's a smart investment in the next chapter of Concord's storied legacy.
Building Type : Office
Sale Includes : Building
Features
Income
Net Income| 71776
Gross Income| 129753
Management Expense: $0
Insurance Expense : $0
Net Income| 71776
Gross Income| 129753
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1826
Wood Frame | Vinyl Siding
Price Per SQ.FT. 108.96 No. of Units: 6
Building Size : 8718
Available SQFT : 8718
Building Type: Office
Year Built: 1826
Wood Frame | Vinyl Siding
Price Per SQ.FT. 108.96 No. of Units: 6
Building Size : 8718
Available SQFT : 8718
Building Type: Office
ExteriorRoof: Shingle - Asphalt
Interior
Land Information
Lot size: 0.91 acres
Zoned: UT
Flood Zone: No
No. of Docks | 0.
UtilitiesHeating: Forced Air | Mini Split
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Gas - On-Site
AC % | 0.
Additional Information
Taxes $19,400
Assesed Value Not Reported
Taxes $19,400
Assesed Value Not Reported
Schools
