Property profile

113 South Main St Concord, NH 03301

FOR SALE
Mixed-use properties
Property ID
US58-Q001909
14,097 SF Built 1900
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Property summary

AI-generated overview

Introducing a rare contiguous investment opportunity in the heart of Concord, New Hampshire. This four-property portfolio spans 111 & 113 South Main Street, 4–6 Sexton Avenue, and 11 Whittridge Avenue, offering a compelling mix of residential and commercial income across abutting parcels with future redevelopment and value-add potential. 111 South Main Street is a mixed-use three-unit property featuring a street level commercial space currently leased to an established tattoo studio, along with two residential apartments comprised of a three-bedroom/one bath unit and a two-bedroom/one-bath unit. 113 South Main Street consists of a two-unit commercial building with one unit occupied with a long-term lease by a gym operator and the second unit leased as a sales office to the largest national provider of pest control services, providing a fully stabilized commercial building with strong leases and plenty of term left. 4–6 Sexton Avenue is a three-unit multifamily building offering two one-bedroom/one bath apartments and one three-bedroom/one-bath apartment. 11 Whittridge Avenue is a duplex with two two-bedroom/one-bath units, rounding out the residential component of the portfolio. In total, the offering includes ten units across a strategic assemblage of parcels with frontage along South Main Street and access from adjacent residential streets. Offering a fully stabilized property with rental upside and mixed-use flexibility presents multiple paths to value creation for investors, including rent growth, commercial lease-up, repositioning, or long-term redevelopment given the contiguous nature of the sites. Located just south of downtown Concord’s core, the properties benefit from strong visibility, convenient access to I-93, proximity to retail amenities, employment centers, and public transportation, as well as continued investment throughout the surrounding corridor.

Property profile

Verified
Property type Mixed-use properties
Year built 1900
Total area 14,097 SF
UPID US58-Q001909

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
  • Gym & Fitness Center

Location

113 South Main St Concord, NH 03301
Concord metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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