Equipped Salon Retail
For Sale
Contact for pricing
61 Pleasant Street, Concord, NH 03301
Three styling stations, a nail area and a separate multipurpose room support a range of salon services.
Property Size800 SF
Price / SF$4.31
Days on Market17
Property Features for 61 Pleasant Street
General Information
Standard status
Active
Size
800 SF
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Amenities
three private chair stations with sinks
retail display case
bonus room
nail station
professional-grade styling stations, mirrors, and hydraulic chairs
on-site laundry facilities
waiting area
Building Details
Year Built
1900
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Oct 13
Changed: Oct 28
Last Checked: Oct 28 at 4:04PM
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
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 800-square-foot salon space at 61 Pleasant Street in Concord includes three styling stations, each with a sink, plus a nail station and a retail display case. Mirrors and hydraulic styling chairs are provided, and the space also has a waiting area and laundry facilities with a washer and dryer. A separate room beside the main floor can serve as a break area or skincare room. Utilities, including high-speed internet, water, electricity and heat/AC, are included in the weekly booth arrangement. The property was built in 1900.
Key Highlights
- 800 square feet at 61 Pleasant Street, Concord, NH 03301
- Three styling stations, each with its own sink
- Nail station and retail display case
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,324
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,480
$186.5K
Cap Rate 7%
$133,200
$133.2K
Cap Rate 9%
$103,600
$103.6K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.4K $18.00/SF
− Vacancy
−$1.1K −$1.35/SF
EGI
$13.3K $16.65/SF
− OpEx
−$4.0K −$5.00/SF
NOI
$9.3K $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%
$186,480
Cap Rate 7%
$133,200
Cap Rate 9%
$103,600
Alternative Uses
Best Use
Retail
$133.2K
$116.6K – $155.4K
NOI $9,324 @ 7.0% cap · market cap 270.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$208.3K
$182.3K – $243.0K
NOI $14,581 @ 7.0% cap · market cap 423.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,550
Businesses Nearby
225k
Monthly Visits Nearby
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
Frequently Asked Questions
What type of property is this?
Retail space - Three styling stations, a nail area and a separate multipurpose room support a range of salon services.
Where is this retail space located?
The property is located at 61 Pleasant Street Concord, NH.
What are key features of this property?
This property features: 800 square feet at 61 Pleasant Street, Concord, NH 03301; Three styling stations, each with its own sink; Nail station and retail display case
