85 State St Concord, NH 03301-4334
This exceptional 4,940 square foot standalone building, situated in Concord, New Hampshire's vibrant downtown, presents a unique investment opportunity. Built in 1959, this two-story structure offers a flexible layout ideal for a variety of uses. Currently configured for fitness use, the first floor boasts open space, a dedicated office area, a kitchen, two bathrooms, and a shower. The lower level comprises two expansive open rooms and an additional office or storage space. The property sits on a 0.11-acre lot and includes three parking spaces. The building is zoned UT and is conveniently located near a wealth of downtown amenities, including diverse dining options, cultural attractions, and entertainment venues. Its strategic location provides easy access to Interstate 93, ensuring excellent accessibility for both employees and customers. The minimum divisible space is 2,040 square feet, with a maximum contiguous space of 4,940 square feet, making it suitable for a single tenant or multiple occupants. Property taxes are $1.58 per square foot. The building does not have an elevator. This versatile property offers significant potential for a variety of businesses seeking a prominent location in a thriving New Hampshire city. The building's adaptable layout and prime location make it an attractive option for both sale and lease. This is a rare opportunity to acquire a well-situated commercial property in the heart of Concord.
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No-BS Health & Fitness Gym & Fitness Center
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Mrs. Roclyn Porter Marriage Or Relationship Counselor
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NAMI New Hampshire Charitable Organization Social Service Agency
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Anne Pike Physician Medical Clinic
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Erling Jorgensen Physician Medical Clinic
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
CVP · 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.