Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    47-49 S State St Concord, NH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial building on 0.6± acre lot for sale.

    Type:RETAIL
    Lot size:
    0.64 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 5 at 8:19 pm

    Property Features for 47-49 S State St

    General Information

    Standard status
    Active
    Lot size
    0.64 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Cassandra Farley

    Listing agent Cassandra Farley

    Listing office Colliers

    Listing date Nov 25, 2025

    Source Moodyscre

    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 Colliers

    Overview

    Commercial Building on 0.6 Acres

    A commercial building with 6,055± square feet of space is available for sale on a 0.6± acre lot. The property is currently occupied by an active business. It is zoned Urban Commercial, which allows for various uses, including multifamily housing, childcare facilities, privately owned indoor or outdoor health and fitness centers, banking, general business, urgent care, substance use disorder treatment, medical offices, professional and government offices, and retail. The property is to be sold as-is, and the buyer is responsible for conducting their own due diligence. The location is conveniently situated just minutes from I-93 and downtown Concord. Concord is described as a desirable community in New Hampshire with a thriving downtown, a growing population, and new retail and residential developments.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.5348
    Latitude
    43.2003

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Concord Commercial Space Available

      Highly visible commercial space in a sought-after downtown corridor.
      242 N Main Street, Concord, NH 03301
      View Details
    • Contact for pricing

      Downtown Concord Commercial Space

      Highly visible commercial space in a sought-after downtown corridor.
      242 N Main St, Concord, NH 03301
      View Details
    • Contact for pricing

      Concord Office/Studio Space For Lease

      Upper-level office/studio space with abundant skylights and private entrance.
      230 N. Main Street, Concord, NH 03301
      View Details
    • Contact for pricing

      Commercial Unit Near Concord Airport

      2,500 SF commercial unit near Concord Municipal Airport.
      19 Henniker St, Concord, NH 03301
      View Details
    • Contact for pricing

      Retail/Office Space on Main

      900 SF retail/office space for lease in Concord, NH.
      230 N. Main Street, Concord, NH 03301
      View Details
    • $2,406/Mo

      Class A Office Space Available

      Class A office space in Concord's Gateway Performance District.
      25 Triangle Park 201, Concord, NH 03301
      View Details
    • Contact for pricing

      Retail/Office Space on Main Street

      Ground floor retail/office space with high visibility in Concord, NH.
      230 N. Main St Suite B, Concord, NH 03301
      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      Handicap accessible retail/office space in high-traffic Concord location.
      310 N State St, Concord, NH 03301
      View Details
    • Contact for pricing

      NH, Concord - Foundry St

      20 Foundry St, Unit 2ND, Concord, NH 03301
      View Details
    • Contact for pricing

      Concord Commercial Property For Lease

      Versatile commercial spaces available near Downtown Concord with flexible zoning.
      254 N State Street, Concord, NH 03301
      View Details
    • $14 SF/Yr

      Class A Office Space Available

      Modern office space for lease in Concord, New Hampshire.
      5 Chenell Dr, Concord, NH
      View Details
    • Contact for pricing

      Commercial Property Near Downtown Concord

      Multi-tenant commercial property with suites available for lease.
      254 N State Street, Concord, NH 03301
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial building on 0.6± acre lot for sale.
    Where is this retail space located?
    The property is located at 47-49 S State St Concord, NH.
    What are key features of this property?
    This property features: Prime 0.6± acre lot with a **6,055± SF commercial building** in a desirable location.; Urban Commercial zoning allows for diverse uses including multifamily housing, childcare, healthcare, offices, and retail.; Conveniently located just minutes from I‑93 and downtown Concord.
    (603) 206-9640 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Cassandra Farley
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    47-49 S State St, Concord, NH

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!