310 N State St Concord, NH 03301
For Lease
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This Concord, NH commercial property presents a unique investment opportunity. Located on busy Route 3 (North State Street) with a daily traffic count of 16,000, this 1,856 square foot building sits on a 0.94-acre lot. The one-level structure is situated on a slab, has been cleaned out, and is ready for tenant improvements. The property features city utilities, natural gas, climate control, and ample paved parking. The building boasts 310 feet of road frontage and a lighted sign. Currently zoned industrial, the property is offered for lease at $3,000 per month NNN. The owner also owns adjacent properties totaling 2.06 acres, including a vacant lot and a property with existing tenants. The owner is open to creative proposals for the highest and best use of these combined properties, excluding car sales, storage sheds, dog grooming, and daycare centers. Many uses may require a variance. The property's high visibility and location midway between downtown Concord and Penacook offer significant development potential. The city encourages innovative proposals.
The Industrial (IN) District is established for the development of manufacturing, research and development facilities, wholesaling, warehousing, distribution, and offices, wherein full municipal utility services are available as is access to the City's collector and arterial streets, and adequate screening is provided for adjacent neighborhoods. Access may a…
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
IN · Concord, NHThe Industrial (IN) District is established for the development of manufacturing, research and development facilities, wholesaling, warehousing, distribution, and offices, wherein full municipal utility services are available as is access to the City's collector and arterial streets, and adequate screening is provided for adjacent neighborhoods. Access may also be available to rail or air transportation within the IN District.
No recorded transactions found for this property.
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.