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Property profile

114 Main St 120 Concord, NH 03301

OFF-MARKET
Banks
Property ID
US58-0252920
View Sample
18,368 SF 0.13 ac lot Built 1900
Entity Owned 5-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 1,660 square foot office space is available for lease in a historic four-story building located at 114 N Main St, Concord, NH 03301. Situated in the heart of downtown Concord, this single-tenant space offers unparalleled convenience and prestige. The unit, located on the third floor, boasts a thoughtfully designed layout including a dedicated conference room, a well-equipped kitchen, a welcoming reception area, and three private offices. Adding to its charm are beautiful wood finishes and two fireplaces, creating a sophisticated and comfortable work environment. Enjoy stunning views of the New Hampshire State House from your office windows. Seven off-street parking spaces are included, eliminating the hassle of finding parking in a busy downtown area. The building itself, constructed in 1900, features an elevator for easy access to all floors. The property is zoned CBP and is part of a larger 18,638 square foot building. Its central location provides easy access to a variety of amenities, including numerous restaurants, shops, and entertainment venues, all within walking distance. Furthermore, its proximity to major transportation routes like I-93, and key institutions such as Concord Hospital, the U.S. District Court of NH, Merrimack County Court House, and Concord District Court, makes it an ideal location for businesses of all sizes. This is a rare opportunity to secure a prestigious and well-appointed office space in the vibrant downtown Concord area.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,368 SF
Lot 0.13 ac (5,663 SF)
Zoning code CBP
APN CNCD M:6441Z B:4
UPID US58-0252920

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
  • Accounting Firm Tax Preparation
  • Film Production Television Studio
  • County Government Office
  • Clothing & Fashion Store
  • Industrial Manufacturer Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$865k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

CBP · Concord, NH
Zoning description

The Central Business Performance (CBP) District is established to encompass the traditional downtowns of Concord and Penacook, incorporating a wide range of uses including retail, restaurant, service, entertainment, cult…

General category MIXED_USE

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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