Property profile

103 State St Concord, NH 03301

OFF-MARKET
Specialty properties
Property ID
US58-0706103
10,261 SF 0.47 ac lot Built 1964
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1964
Construction FRAME
Total area 10,261 SF
Lot 0.47 ac (20,473 SF)
Zoning code CVP
APN CNCD M:6414Z B:1
UPID US58-0706103

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Physician

Location

103 State St Concord, NH 03301-4334
Concord metro Census 32400 CONCORD, NH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$436k
Blend (final) Blend
$645k

Owner & transaction history

since 2025
Last sale
$900,000
3 recorded transactions
2025
$900,000
2007
Price N/A
2007
$730,000

Zoning & alternative use

CVP · Concord, NH
Zoning description

The Civic Performance (CVP) District is established in an area between Concord's Central Business (CBD) District and the surrounding Downtown Residential (RD) District to accommodate federal, state, county, and local off…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Retail stores $1.0M +86.2%
Office building $955,000 +74.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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