80 Main StConcord, NH 03301

  • Retail properties
  • 16,108 SF
For Lease
$10/SF/YR View listing

Property Details for 80 Main St

Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.94 AC
Property size (Sq ft)
16,108 SF
Zone code
CU
Property type
Retail properties
Property subtype
Retail space
APN
CNCD M:7442Z B:16
APU
CNCDM7442ZB16

Description

This exceptional retail property at 80 S Main St, Concord, NH 03301, offers 16,360 square feet of space in a prime location. Currently, 12,200 square feet is available, divisible into two spaces: one of 3,600 square feet and another of 8,600 square feet. The building, constructed in 1959 and extensively renovated in 2024, features high ceilings, open floor plans, and abundant natural light from numerous windows. The 0.95-acre lot provides ample parking with 50 spaces. Improvements planned include fresh paint throughout, a new parking lot, and updated signage. The property boasts excellent visibility on South Main Street and is zoned CU-Urban Commercial, allowing for retail, service businesses, office uses, and recreation/health facilities. Property taxes are $4.32 per square foot. This is a rare opportunity to secure a well-located, versatile retail space in a thriving New Hampshire community. The building consists of one structure with two stories. The APN is 1573.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,914,806
    6.5%
    $3,613,667
    7%
    $3,355,548
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,303,772
    Geo Method
    $5,303,772
  • Alternative Use

    Use
    Valuation
    Residential
    $3,048,264
    Hospitality
    $2,792,193
    Educational
    $2,323,072
    Medical
    $2,402,966
    Retail
    $3,613,667
80 Main St, Concord, New Hampshire
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Location Insight

City
Concord
County
Merrimack
State
New Hampshire
Latitude
43.1979
Longitude
-71.5322
CBSA code
18180
CBSA name
CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,118
$373,200
$636,400
$1,009,600
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