List Price: $949,900 | $109 per sq.ft. Commercial
Space type Listed Sunday Dec 10, 2023 | MLS# 4979885


Exceptional investment opportunity near the heart of historic Concord! This 8,718 SF, 6-unit freestanding office condominium is conveniently situated on North State Street within ~1 mile of Downtown Concord, Route I-93, and Route I-393. The property features highly visible signage, meticulously maintained grounds, and thoughtfully designed layouts that include reception areas, conference rooms, kitchenettes, and private bathrooms. The property's 42 parking spaces and 3 garage bays serve as strong selling points to attract and retain top tenants. The building is fully-occupied and the current rent roll provides steady and predictable income, with over 60% of rents secured by leases extending to 2028-2029. This property is more than just office space - it's a smart investment in the next chapter of Concord's storied legacy.
Building Type : Office

Sale Includes : Building

Income
Net Income| 71776
Gross Income| 129753
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1826
Wood Frame | Vinyl Siding
Price Per SQ.FT. 108.96 No. of Units: 6
Building Size : 8718
Available SQFT : 8718
Building Type: Office

ExteriorRoof: Shingle - Asphalt

Interior

Land Information

Lot size: 0.91 acres
Zoned: UT
Flood Zone: No
No. of Docks | 0.

UtilitiesHeating: Forced Air | Mini Split
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Gas - On-Site
AC % | 0.



Taxes $19,400
Assesed Value Not Reported
Schools

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