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Listed by Matthew Lefebvre • Downtown Realty
$ 1,065,000
Est. payment /mo
Active
85-89 South State ST Concord, NH 03301
6,725 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,725 sqft
Price per Sqft $158
MLS Listing ID 5090994
Year Built 1920
Annual Tax Amount $23,078
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Presenting a rare opportunity to acquire two abutting parcels in the heart of Concord's downtown business district — offered together for a compelling combination of income-producing residential units and a high-visibility commercial building. Located at 85 South State Street, the standalone commercial building is prominently positioned with excellent street presence and offers tremendous flexibility for fitness centers, retail, professional offices, medical/wellness, or non-profit uses; the main level (±2,640 SF) features an expansive open showroom with tall storefront windows, multiple private offices, storage areas, a kitchen, and ADA-compliant bathrooms, while the fully finished basement (±2,040 SF) adds meeting space, storage, and a bathroom with its own separate entrance — all serviced by natural gas heating and high-efficiency mini splits for year-round comfort — and with residential conversion potential, the building also presents an exciting value-add angle for the right buyer. The abutting 87-89 South State Street rounds out the offering with a six-unit multifamily building comprised of all one-bedroom/one bathroom units on municipal water and sewer with natural gas forced hot water heat, delivering immediate cash flow to offset carrying costs. Whether you're an investor seeking a mixed-use portfolio addition, an owner-user looking to occupy the commercial space while the residential units work for you, or a developer with a broader vision, this assemblage — steps from the State House, courthouses, and Concord's most active commercial corridor — is not one to overlook.
Location
State NH
County Nh-merrimack
Area Nh-Merrimack
Zoning CU
Rooms
Basement Entrance Walk-up
Basement Finished, Full
Interior
Cooling Wall AC Units
Inclusions Land/Building
Exterior
Utilities Available Other
Waterfront Description No
View Y/N No
View No
Roof Type Asphalt Shingle
Building
Sewer Public
