210 N State St Concord Investment

Office for Sale
Catylist Listing ID: 30654670
Property Subtypes: Office Building, General
Building Size (RSF): 8,718 SF
Gross Building Area: See Agent
Gross Land Area: 0.87 Acres
Sale Price: $850,000
Unit Price: $97.50 PSF
Property Use Type: Net Leased Investment (NNN), Business
Building Name: 210 N State St
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 6.6%
Last Updated: 10/1/2020

Overview / Comments

INVESTMENT OPPORTUNITY. Fully Leased with great rental history. 6.6 CAP
Well Maintained building.

Here is a prime opportunity to own a successful multi-tenanted, commercial, free standing condominium office building. The building is located on North State Street in Concord providing easy access to I-393 and I-93. The property offers excellent curb appeal with meticulously landscaped grounds, mature trees and stone walls.

Consisting of three levels (lower level walk-out, first floor and second floor) this well-maintained building offers six units; which are all fully leased. There are three garage bays that are currently rented as well.

Highlights:
Six Units + Three Garage Bays
Convenient Concord Location - Minutes From Interstate + Amenities
Three Levels
Mature Landscaping
Well-Kept Building and Grounds

Attachments & Media

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 6947
Zoning: UT
Highway Access: From I-93 take Exit 15 to I 393 towards North Main Street. At North Main take a right to North State Street and the property is approximately .5 miles on the right.
Airports: Manchester - Boston Regional Airport
Site Description: Set on a .87 acre lot with free street parking, twenty parking spaces, and twenty paved parking spaces.
Area Description: The building is located on North State Street in Concord providing easy access to I-393 and I-93.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1826
Construction/Siding: Vinyl Siding
Parking Type: Structure, Surface
Parking Description: 20 +/- parking spaces on site plus on street parking and the garage bays.
Total Parking Spaces: 20
Heat Type: Natural Gas
Air Conditioning: Other
Zoning Description: UT - Urban Transitional

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,886 32,391 46,421
Median Age: 35.44 39.88 39.79
Households: 1,361 13,223 19,033

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