Hard to Find Concord NH Office for Sale / Unit 7, 46 S Main St

Office for Sale
Catylist Listing ID: 30451887
Property Subtypes: Executive Suites, Office Building
Condo? Yes
Building Size (RSF): 2,896 SF
Gross Building Area: See Agent
Sale Price: $376,480
Property Use Type: Vacant/Owner-User, Business
Building Name: 46 South Main St, Concord, NH
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2019

Overview / Comments

Hard to Find Concord NH Office for Sale – Unit 7 (Unit 6 is also for sale for total of 3,982 SF – refer to separate listing)

Downtown Main Street Condo with old world craftsmanship, and high end woodwork

Unit 7, 2,896+/- SF is located on the third floor (stair & elevator) and has 8 individual offices, 2 internal workstations, 1 conference room, reception and waiting area, lab with sink & storage and kitchenette. The unit has 3 dedicated parking spaces. This unit is available for sale individually for $376,480.00 or $517,660.00 for both units totaling 3982 SF.

46 South Main Street Condominium is a highly regarded and well maintained brick property located right next to the Capital Center for the Arts and centrally located in Concord’s desirable South Main Street. The 3-story brick property with 7 units has an impressive entrance, beautiful craftsmanship, high end woodwork and ADA access via an elevator. The building is professionally managed and nicely maintained (condo fees are a low $4.36/SF). The condo fee of $1050/month covers exterior and common area maintenance and landscaping, association expenses, landscaping and master insurance. HVAC with natural gas fired system. The unit is currently occupied by a tenant at will.

Unit 6 is also for Sale: Refer to separate listing at #30451945
1086+/- SF is located on the 2nd floor and has 3 individual offices and 1 conference room. The unit has 1 parking space. This unit is available for sale individually for $141,180.00.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $8,645 (Annual)
Assessed Value - Total($) $306,700 (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 34/2/7
Is Condo?: Yes
Zoning: CBP - CENTRAL BUSINESS PERFORMANCE DISTRICT
Property Visibility: Excellent
Site Description: Walk to restaurants, shops, cafes, banks and The State House.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 5,355 SF
Year Built: 1925
Construction/Siding: Brick
Parking Type: Surface
Parking Description: The unit has 3 dedicated parking spaces in front of the building with additional spaces allocated for handicap parking and three visitor spaces. In addition, there is easy street parking in front of and on the side of the building.
Passenger Elevators: 1
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,131 26,966 52,948
Median Age: 37.13 39.22 40.07
Households: 4,231 11,285 21,398

Contact

Photograph of Listing Agent

Brenda Litchfield, CCIM

Concord Commercial Real Estate NECPE Member
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