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    Property profile & analytics
    OFF-MARKET Estimated value $1,035,000
    Office buildings

    200 State St 206, Concord, NH 03301-3222

    9,599 SF 1.29 ac lot Built 1920
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US58-0289079
    Property summary
    AI-generated overview

    This exceptional Concord, NH investment opportunity boasts a prime location on North State Street, offering significant potential for strong returns. The property features a substantial 1.29-acre lot with 315 feet of frontage on a high-traffic thoroughfare, experiencing over 17,000 vehicles daily. The site includes ample parking with 41+ on-site spaces supplemented by 9+ street parking spots. Conveniently situated just minutes from I-93 and downtown Concord, this property enjoys excellent accessibility. The property includes a 33x46 garage with a loading dock, adding to its versatility. Utilities include natural gas, public water, and sewer. The property is well-maintained and landscaped. Currently, all three units are fully leased, generating an annual revenue of $165,000 and a 10% capitalization rate. This presents a rare chance to acquire a well-established, income-producing asset in a thriving New Hampshire market. The property's size, location, and current occupancy make it an attractive investment for discerning buyers seeking a high-yield opportunity. This is a turnkey operation ready for immediate income generation.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1920
    Construction FRAME
    Total area 9,599 SF
    Lot 1.29 ac (56,192 SF)
    Zoning code UT
    APN CNCD M:582Z B:21
    UPID US58-0289079
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Granite State EMS, LLC Training Center Vocational School
    • Granite State Maternal Wellness Physician
    • Root Alchemy Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.07M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.15M
    Blend (final) Blend
    $1.04M
    Owner & transaction history
    Malbeau LLC · 4 yrs held
    Malbeau LLC
    since 2021
    Last sale
    $950,000
    4 recorded transactions
    2021
    $950,000
    2010
    2008
    2008
    Zoning & alternative use
    UT · Concord, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.5M +13.8%
    Retail stores $1.5M +12.1%
    Industrial (general) $1.4M +4.7%
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