2 Pillsbury StConcord, NH 03301

Property Details for 2 Pillsbury St

Year built

1968

Property size (Sq ft)

2,880 SF

Zone code

IS

Property type

Office properties

Property subtype

Other office properties

APN

CNCD M:7912Z B:58 L:2-LLA

APU

CNCDM7912ZB58L2LLA

Description

This exceptional Class A medical office condominium, located at 2 Pillsbury Street in Concord, New Hampshire, offers 2,702 square feet of versatile space on the fifth floor of a six-story building. Built in 1968 and extensively renovated in 2006, the 101,603-square-foot building boasts ample parking and is situated in the Institutional District, providing convenient access to downtown Concord and Interstate 93. The suite features a thoughtful layout including private offices, a perimeter conference room, and expansive open areas, ideal for a variety of medical practices. Building amenities include a convenient on-site gym and a shared meeting room, enhancing the professional experience for tenants. This prime location offers easy access to Concord Hospital, further solidifying its appeal to medical professionals. The building is currently home to a diverse range of established businesses, including E-Closing, Concord Eye Center, and Concord Family Dentistry, creating a thriving and collaborative environment. This is a rare opportunity to acquire a well-maintained, modern medical office space in a highly desirable location. The property consists of one building with multiple tenants. The zoning is Institutional District. The zip code is 03301.

• CAP approach

  CAP return

  Valuation

  6%

  $476,150

  6.5%

  $439,523

  7%

  $408,129

• Comparable approach

  Method

  Valuation

  Relative Method

  $376,301

  Geo Method

  $376,301

• Alternative Use

  Use

  Valuation

  Residential

  $545,009

  Hospitality

  $499,225

  Educational

  $415,349

  Medical

  $429,634

  Retail

  $646,099

Location Insight

City

Concord

County

Merrimack

State

New Hampshire

Latitude

43.1926

Longitude

-71.5332

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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