113 Main St Concord, NH 03301-4824
- Showrooms
- 6,386 SF
- 0.25 lot acres
Current Use by Public Records
- Capital Fitness Center LLC / Fitness Center
Property Details for 113 Main St
- Year built
- 1930
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.25 lot acres
- Property size
- 6,386 SF
- Zone code
- CU
- Property type
- Showrooms
- APN
- CNCD M:7442Z B:7
- APU
- CNCDM7442ZB7
Description
This exceptional 1,700 square foot office space is located on the second floor of 113 South Main Street in Concord, New Hampshire. The property offers a highly visible location in the heart of Concord's vibrant downtown business district, benefiting from significant foot and vehicle traffic. The unit features large windows providing abundant natural light, creating a welcoming and productive work environment. The interior layout is flexible, incorporating a mix of open areas and private rooms, allowing for customization to suit diverse business needs. Two bathrooms are conveniently located within the space. Charming architectural details, including built-in shelving and classic wood paneling, add character and appeal. The space is ideal for a variety of businesses, including solo practitioners, counselors, and non-profits. Ample off-street parking is available nearby, with the potential for additional parking at an adjacent property. The property's convenient location offers easy access to Interstates 93 and 89. Its proximity to the recently opened Capitol Fitness Center, along with numerous coffee shops, restaurants, retail shops, and essential services, further enhances its desirability. This 0.42-acre lot presents a unique opportunity to establish or expand a business in a thriving downtown location. The combination of location, accessibility, and charming features makes this a truly exceptional commercial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $435,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $450,000
- Mixed-Use
- $370,000
- Hospitality
- $420,000
- Educational
- $495,000
- Residential Income
- $460,000
- Energy
- $400,000
- Income-Based Land
- $425,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5311
- Latitude
- 43.1983
- CBSA code
- 18180
- CBSA name
- CONCORD, NH MICROPOLITAN STATISTICAL AREA