347 A Vlg St Concord, NH 03303
- Office Properties & Spaces
- 3,781 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 347 A Vlg St
- Year built
- 1904
- Property size
- 3,781 SF
- Property type
- Office Properties & Spaces
Description
This exceptional executive office condo, located at 347 A Village Street in Concord, New Hampshire, presents a unique investment opportunity. The 3,781 square foot space is situated within a 23-story building constructed in 1904 and extensively renovated in 2020. Currently, a portion (2,393 sq ft) is leased to AML Partners under a lease expiring May 31, 2024, generating monthly rent of $2,898.87 plus utilities (tenant pays electric and heat). The remaining vacant space features five private offices with windows, a kitchenette, and a potentially usable bathroom. The property includes an additional 1,849 square foot unfinished basement, shared with another tenant in common. The first-floor entry area comprises 90 square feet. Recent utility costs included $1,079.58 for gas heat (seller-paid), $202.43 for water/sewer, and half of the $650 snow plowing expense. The building features beautiful trim throughout. The heating system utilizes FHA-approved natural gas, and the roof is tar and gravel. The property is zoned CBP and offers potential for residential conversion, given its history as apartments in the 1980s. The asking price is $249,900, translating to $66.09 per square foot. The APN is 1412/P 44/1/B/. This property offers a blend of income-generating potential and flexible future use.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.6011
- Latitude
- 43.2813
