103 State St, Concord, NH 03301-4334
This exceptional 10,261 square foot office building at 103 N State Street, Concord, NH presents a unique redevelopment opportunity. Situated on a 0.47-acre lot in the heart of downtown Concord, this property boasts unparalleled convenience, being mere seconds from the highway and within walking distance of the city center. Currently configured as efficient office space, the building features multiple private offices, spacious conference and training rooms, a full kitchen and break rooms, a laundry facility, and six bathrooms. Accessibility is ensured with a wheelchair lift servicing the first floor from the lobby. The building is well-maintained and divided into easily adaptable spaces, currently occupied by a non-profit organization. Ample parking is provided with 27 on-site spaces, including two designated handicap spots. The property includes two heating systems: forced hot water and oil steam. A walk-up attic, currently used for storage, offers significant potential for conversion, perhaps into a studio apartment. The asking price is $1,410,000. This property's prime location and versatile layout make it ideal for a variety of uses, including potential condo conversion. Don't miss this chance to capitalize on a truly remarkable investment opportunity in a thriving downtown setting.
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Waypoint Charitable Organization Social Service Agency
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Orlowski Edward Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CVP · Concord, NHConcord. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.