Outstanding Professional Office Building

Office for Sale
Catylist Listing ID: 30809894
Property Subtypes: Office Building
Building Size (RSF): 5,459 SF
Gross Building Area: 9,189 SF
Gross Land Area: 0.59 Acres
Sale Price: $850,000
Unit Price: $155.71 PSF
Property Use Type: Vacant/Owner-User
Building Name: 1 Barberry Lane
Class of Space: Class A
Usable Size (USF): 5,459 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2023

Overview / Comments

This is a real trophy property, a beautiful professional office building located just off the downtown in Concord, NH. The property borders the State of NH Office complex and is across the street from the Centennial Inn.

Nicely landscaped with plenty of on site paved parking, the building is a 5 minute walk to the Federal Court House, State House and N Main St. Built originally as a residence, the building has been the office for several distinguished law firms over the years. There is a gracious entry, three floors of finished offices, elegant conference rooms, and plenty of storage in the basement. The architectural features throughout add to the elegance of the property and make it desirable for a number of uses.

Attachments & Media

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $17,069 (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 2471
Zoning: RN - RESIDENTIAL NEIGHBORHOOD
Property Located Between: Pleasant St, S Spring St and Clinton St
Property Visibility: Good
Highway Access: From the property, proceed right (east) on Pleasant St 3 blocks to N Main St. Take a left on N Main St and go several blocks to the intersection with Bridge St. Go right to Exit 14 N/S of I 93.
Airports: Manchester, Concord, Boston
Site Description: The site is nicely landscaped with paved parking at the front of the building as well as in the rear. It is accessed by a driveway from Pleasant St that is owned by the seller. There has been a R.O.W. access granted to the residential property to the south. That abutter contributes to the cost of maintenance of the driveway.
Area Description: The area is a mixture of residential properties, primarily at the perimeters of the State Office Park, and commercial uses along Pleasant St. In addition to the State Office complex, there is the Federal Courthouse, Centenniel Inn, Concord High School, St Paul's School and the Concord Hospital campus.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 2,400 SF
Year Built: 1904
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: The building has the charm of New England style architecture having been built originally as a family residence and beautifully converted into an office building. It features a grand front porch framed with mature landscaping and leading to an elegant entrance.
Parking Type: Surface
Parking Description: There is paved parking in the front of the building as well as at the rear totalling approximately 20 spaces.
Total Parking Spaces: 20
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Wall Units
Air Conditioning: Package Unit
Internet Access: Cable, Other
Interior Description: The property has beautiful architectural features with gorgeous floors and moldings. On the first floor there is a grand foyer and reception area, an extraordinary large conference room with a fireplace, a small conference room/library, 6 private offices, 2 work rooms, 2 half baths and a kitchen. The 2nd floor has 1 bath, a half bath, 8 private offices, a conference room and a file room. The 3rd floor has 4 private offices, reception, file room and a half bath. The basement is in excellent condition to allow great storage.
Zoning Description: RN-Residential Neighborhood
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Driveway from Pleasant St is owned by the Seller. There is a R.O.W. for access over the driveway to the residential property to the south. The abutter contributes to the cost of the maintenance of the driveway.
Land Ownership: Fee simple
Legal Description: Warranty Deed B 2021 P 0276

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,131 26,966 53,772
Median Age: 37.13 39.22 39.96
Households: 4,231 11,285 21,687

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