85 State St Concord, NH 03301-4334
- Specialty properties
- 5,633 SF
- 0.41 lot acres
Current Use by Public Records
- No-BS Health & Fitness / Personal Trainer
- Mrs. Roclyn Porter / Marriage Or Relationship Counselor
- NAMI New Hampshire / Non-Profit Organization
- Anne Pike / Psychologist
- Erling Jorgensen / Psychologist
Property Details for 85 State St
- Year built
- 1880
- Construction
- FRAME
- Lot size
- 0.41 lot acres
- Property size
- 5,633 SF
- Zone code
- CVP
- Property type
- Specialty properties
- APN
- CNCD M:6441Z B:59
- APU
- CNCDM6441ZB59
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $285,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $288,000
Market price range: $169k - $462k -
Alternative Use
- Use
- Estimation
- CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
- $300,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5402
- Latitude
- 43.2088
- CBSA code
- 18180
- CBSA name
- CONCORD, NH MICROPOLITAN STATISTICAL AREA