85-89 South State ST, Concord, NH 03301
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85-89 South State ST, Concord, NH 03301
85-89 South State ST, Concord, NH 03301
85-89 South State ST, Concord, NH 03301
85-89 South State ST, Concord, NH 03301
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Ashley Gile

Ashley Gile

+1(603) 851-7452
Listed By Matthew Lefebvre Downtown Realty
$ 1,065,000
Est. payment /mo
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Under Contract

85-89 South State ST Concord, NH 03301

6 Beds

6 Baths

8,765 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 8,765 sqft

Price per Sqft $121

MLS Listing ID 5091099

Style Apartment Building,Multi-Family

Bedrooms 6

Full Baths 6

Construction Status Existing

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 Finished, Unfinished

Interior

Heating Natural Gas

Cooling Central AC, None

Exterior

Parking Features No

Utilities Available Other

Waterfront Description No

View Y/N No

View No

Roof Type Asphalt Shingle

Building

Lot Description City Lot, Level, Sidewalks, In Town, Near Shopping, Neighborhood

Story 2.5

Sewer Public

Water Public

Architectural Style Apartment Building, Multi-Family

Construction Status Existing

PrimeMLS VOW
Ashley Gile

Ashley Gile

Agent

+1(603) 851-7452

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85-89 South State ST