Office/Retail Condominium for Sale - Concord NH

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30860129
Property Subtypes: Mixed Use, Office Building, General
Status: Pending/Contingent
Condo? Yes
Building Size (RSF): 3,280 SF
Gross Building Area: See Agent
Sale Price: $439,000
Property Use Type: Investment, Vacant/Owner-User
Building Name: Courtyard Square
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2023

Overview / Comments

*This condominium, Unit H, is located on the east side of Courtyard Square. The unit faces Loudon Rd for great visibility. The building is 3280 sf total. It contains approx. 10 offices. There are 2 bathrooms, a mechanical room and a janitor closet, a storage closet and a large room with two sinks.
*The building was leased most recently by a day spa. Previous to that it was used as adult day care.
*Regarding utilities: water/sewer are part of the monthly condominium fees. The utility fees (Liberty and Unitil) would be billed directly to the new owner.
*Any exterior needs would be an association expense, but reserves may dictate a special assessment is needed.
*CAM charges (common area expenses) are part of monthly condo dues.
*Condo fees are $812.76/mo.


Finance Data Year 2023
Real Estate Taxes - Annual($) $8,998 (Annual)
Assessed Value - Total($) $343,700 (Annual)

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 9468
Is Condo?: Yes
Property Located Between: Just past the intersection of Loudon Rd and East Side Drive going east. The property is located on the north side.
Property Visibility: Excellent
Highway Access: From the property, head west on Loudon Rd to exit 14 of I93. Head east to connect with Rt 106 and Rt 4.
Airports: Concord, Boston and Manchester
Site Description: The site is level with ample paved parking and an attractive courtyard.
Area Description: Loudon Rd is a mixture of commercial and residential use. It features numerous restaurants, office buildings, and retail in addition to numerous residential development.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,280 SF
Year Built: 1986
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: There is a substantial paved parking lot surrounding Courtyard Square with immediate access to this unit.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable, Other
Interior Description: The unit is divided into two areas. One side has several large rooms including 2 offices, a mechanical room and a bathroom. The other side has 8 offices and a bathroom.
Zoning Description: CG - General Commercial
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: B 3617 P 2146

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,332 26,581 41,451
Median Age: 37.56 39.7 39.95
Households: 2,506 11,763 16,801


© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.