Remodeled
For Sale
Contact for pricing
56 Pleasant Street, Concord, NH 03301
Mini-split heating and cooling serve the interior year-round.
Property Size1,300 SF
Price / SF$2.31
Days on Market45
Property Features for 56 Pleasant Street
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Amenities
mini-split heating & cooling
Listing Agency:
Waterfield Realty & Management LLC
(781) 777-3259
Listed By:
Pamela Hughes · License #Pamela Hughes
(603) 455-9189
Source:
Longviewcre
Added: Sep 18
Changed: Oct 29
Last Checked: Oct 29 at 2:42PM
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 Waterfield Realty & Management LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,300-square-foot storefront at 56 Pleasant Street in Concord has been remodeled and is equipped with mini-split heating and cooling. The property offers street frontage and exposure along Pleasant Street.
Key Highlights
- 1,300‑square‑foot storefront
- Recently remodeled interior
- Mini‑split heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,151
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,020
$303.0K
Cap Rate 7%
$216,443
$216.4K
Cap Rate 9%
$168,344
$168.3K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$23.4K $18.00/SF
− Vacancy
−$1.8K −$1.35/SF
EGI
$21.6K $16.65/SF
− OpEx
−$6.5K −$5.00/SF
NOI
$15.2K $11.66/SF
Area
Merrimack County, NH
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,020
Cap Rate 7%
$216,443
Cap Rate 9%
$168,344
Alternative Uses
Best Use
Retail
$216.4K
$189.4K – $252.5K
NOI $15,151 @ 7.0% cap · market cap 505.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.5K
$296.2K – $394.9K
NOI $23,695 @ 7.0% cap · market cap 789.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,550
Businesses Nearby
225k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 29%
Dining 28%
Apparel 25%
Groceries 16%
Marshalls
Apparel
28,607 visits/mo
0.2 miles
Burlington
Apparel
28,092 visits/mo
0.2 miles
Market Basket
Groceries
26,904 visits/mo
0.2 miles
Buffalo Wild Wings
Dining
19,985 visits/mo
0.5 miles
Dunkin' Donuts
Dining
17,770 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Elegant Bloom Rentals — 75 S Main St, Concord, NH 03301
- Cobblestone Design Company — 81 N Main St, Concord, NH 03301
Frequently Asked Questions
What type of property is this?
Storefront property - Mini-split heating and cooling serve the interior year-round.
Where is this storefront property located?
The property is located at 56 Pleasant Street Concord, NH.
What are key features of this property?
This property features: 1,300‑square‑foot storefront; Recently remodeled interior; Mini‑split heating and cooling
