161 N State St, Concord, NH 03301
For Lease
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This exceptional commercial property at 161 North State Street in Concord, NH, offers 24,200 square feet of versatile space ideally suited for a variety of businesses. Situated at a highly visible, lighted intersection just north of Concord's downtown area, this property boasts significant street-level exposure. The building's previous use as a bank provides a unique advantage, featuring existing bank-style fixtures including a tellers' area, spacious public area, private offices, and conference rooms. This ready-to-occupy layout minimizes upfront renovation costs and allows for immediate business operations. A separate rear space offers additional potential for smaller retail use or expansion. Beyond the main level, a full 10,000-square-foot basement is available for lease at $5.00 per square foot, contingent upon leasing the upper floor. This lower level provides ample storage and is well-suited for classroom or training room use. The property also includes a substantial lighted parking lot, a landscaped green area, and a convenient drive-through teller port, enhancing both customer and employee convenience. The 1.48-acre lot provides ample space and opportunities. The asking price for the main level is $18,000,000. This property presents a rare opportunity to secure a prime commercial space in a thriving New Hampshire city.
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Santander Bank ATM Atm
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
CU · 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.