Second-Floor Office
For Sale
Contact for pricing
26 Pleasant Street, Concord, NH 03301
The suite includes shared restroom and kitchenette access, with utilities provided except for internet.
Property Size11,165 SF
Price / SF$0.04
Days on Market106
Property Features for 26 Pleasant Street
General Information
Standard status
Active
Size
11,165 SF
Elevators
No
Property subtype
Commercial
Additional Details
Floor
Second Floor
Utilities to Site
Yes
Property Use
Office
Amenities
shared restrooms
kitchenette
professionally cleaned common areas
Building Details
Year Built
1880
Tenancy
Multi
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Jul 16
Changed: Oct 28
Last Checked: Oct 28 at 3:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Longview Commercial Real Estate
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Investment Insights
Based on property information with market context.
This second-floor office unit offers approximately 373± square feet in a building occupied by professional businesses. Shared restrooms and a kitchenette serve the suite, and common areas receive weekly professional cleaning. Access is by stairs; the building has no elevator. Utilities are included, except for internet service.
Restaurants, shops, and services are nearby in downtown Concord. Additional office units are available on the second and third floors.
Restaurants, shops, and services are nearby in downtown Concord. Additional office units are available on the second and third floors.
Key Highlights
- Approximately 373± square feet on the second floor
- Shared restrooms and kitchenette
- Utilities included except internet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$156,093
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,121,860
$3.1M
Cap Rate 7%
$2,229,900
$2.2M
Cap Rate 9%
$1,734,367
$1.7M
Market Conditions
NOI Build-Up for 11,165 SF
Gross rent
$241.2K $21.60/SF
− Vacancy
−$33.0K −$2.96/SF
EGI
$208.1K $18.64/SF
− OpEx
−$52.0K −$4.66/SF
NOI
$156.1K $13.98/SF
Area
Merrimack County, NH
Vacancy
13.70%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,121,860
Cap Rate 7%
$2,229,900
Cap Rate 9%
$1,734,367
Alternative Uses
Best Use
Office B
$2.23M
$1.95M – $2.60M
NOI $156,093 @ 7.0% cap · market cap 35,883.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.91M
$2.54M – $3.39M
NOI $203,500 @ 7.0% cap · market cap 46,781.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,550
Businesses Nearby
Explore this area
Business Placement
Demographics for 03301, NH
33,352
Population
14,486
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
92%
High-School Grad
49.2 sq mi
ZIP Area
678
Density / Sq Mi
$85,943
Median Household Income
$49,749
Median Earnings
$1,355
Median Rent
$344,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes shared restroom and kitchenette access, with utilities provided except for internet.
Where is this office unit located?
The property is located at 26 Pleasant Street Concord, NH.
What are key features of this property?
This property features: Approximately 373± square feet on the second floor; Shared restrooms and kitchenette; Utilities included except internet
