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85 S State St
Concord, NH 03301
Retail Property For Sale


EXECUTIVE SUMMARY
Standalone commercial building for sale or lease in downtown Concord! This spacious commercial unit is prominently located on South State Street in the heart of Concord's business district. Formerly the home of Capitol Fitness Center and several non-profits, this versatile building is an excellent fit for a variety of businesses including fitness, retail storefronts, professional offices, non-profit centers, and more. The main level is ±2,640 SF and features a large open showroom space with tall ceilings and boasting large storefront windows along with 3 bathrooms, a shower, kitchen, along with several private offices and storage areas. The main level is accessed by a ramp and features several ADA-compliant bathrooms. A fully finished basement provides an additional ±2,040 SF with one bathroom, a large meeting space and more storage. The building is equipped with a natural gas forced-hot water boiler and high-efficiency mini-splits that provide heating and cooling throughout the pace. This property also includes several off-street parking spaces with plenty of on-street spaces available nearby. If you're looking for a quality, affordable space to operate your business, look no further than this great location at 85 South State Street.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,640 SF
Building Class
C
Year Built
1959
Price
$330,000
Price Per SF
$125
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.55
Lot Size
0.11 AC
Zoning
UT - Urban Transitional
Parking
3 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
55’ on S State St
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | CNCD-000028-000002-000023 | Improvements Assessment | $230,900 |
| Land Assessment | $70,000 | Total Assessment | $300,900 |
PROPERTY TAXES
Parcel Number
CNCD-000028-000002-000023
Land Assessment
$70,000
Improvements Assessment
$230,900
Total Assessment
$300,900
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