82 S Main St - Freestanding FOR SALE


Concord, NH 03301
$399,000 USD
603-785-2246
82 S Main St, Concord, NH for Sale
$399,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

82 S Main St
Concord, NH 03301


HIGHLIGHTS

  • Development opportunity below market price
  • Vibrant Retail Trade Area
  • Just off of I-93, Exit 13
  • Offering Ground with Purchase Option - on NHDES close-out
  • Urban Commercial Zoning - allows for many uses
  • Grandfathered Setbacks

OVERVIEW

SVN The Masiello Group is pleased to offer an 8,250 sq ft building with associated paved parking on 0.21 acres in the heart of Concord’s thriving downtown commercial district. This is a rare opportunity to acquire a prime urban location with high visibility and easy access just off I-93 exit 13. It is offered at a below market rate to allow for renovations or development. Located at the southern gateway to Main Street’s vibrant mix of retail, restaurant, and downtown residences, the existing two-story 6,000sf open-space building is connected to a 2,580sf building with offices and storage in addition to a bonus 3,000sf unfinished third floor. Concord’s economic development team enthusiastically supports revitalization of this site of the historic Abbot Downing factory, where the iconic Concord Coaches were made, and home since 1933 of the beloved family-owned Concord Cleaners dry cleaning business. Legacy environmental issues were addressed by the current owners and the urban commercial zoning allows for a wide range of uses including retail, restaurant, high density residential, lodging, office, and convenient drive thru. The property is currently under the final stages of hazmat remediation in full cooperation with NHDES. The Seller wishes to retain ownership of the property and the process until the NHDES Certificate of Completion is received and is offering to lease the property for $2,500/mo pending NHDES closure letter. Buyer would then have the option to purchase the property.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

82 & 84 S Main

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1850

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CU

APN/PARCEL ID

CNCD-007442Z-000000-000014

ASK ABOUT THIS PROPERTY

Jesse HeplerSVN | The Masiello GroupMore Info
603-785-2246

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Jesse HeplerSVN | The Masiello GroupMore Info
603-785-2246

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.