Loudon Rd. Property - For Sale

Office for Sale
Catylist Listing ID: 30700136
Property Subtypes: Medical, Mixed Use, Office Building
Building Size (RSF): 5,500 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $218.18 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/13/2021

Overview / Comments

There are not many lots like this available on Loudon Rd. in Concord, NH!!

111 Loudon Rd. is a beautiful, flat parcel of land located between McDonald's and Dunkin' Donuts on the west end of Loudon Rd. Adjacent to the subject property is a 3 building multi-floored office park.

The land is approx. 130ft of frontage by 274' of depth. There is currently a renovated 5500 square foot New Englander situated at the front of the property. It has natural gas heat, electric and municipal water and sewer. There is an ADA ramp on the west side of the building. On the east side is an attached 2 bay garage. The Seller is currently using approx 650sf for an office on the first floor. The rest of the building is for rent on a month-to-month basis.

This property currently has two curb cuts. One on either side of the building. There is an abundance of paved parking around the building and plenty of land available for more parking at the rear.

The area is zone CG which makes it a prime location for: a bank, retail, restaurant, medical use (clinic, practitioners, lab), service use of 5000sf +, garden center/sales, indoor health club. The visibility and signage is unbeatable!

Loudon Rd. is one of the busiest streets in Concord. There are multiple high volume restaurant chains such as: Olive Garden, Longhorns, Applebee's, Papa Ginos, The Red Arrow and Friendly's, as well as fast food: McDonalds, Burger King, Dunkin Donuts, Dairy Queen, D'Angelos and more! Anyone heading from downtown Concord going to Loudon Rd. typically will see 111 Loudon Rd on their left.

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Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 10586
Zoning: CG
Property Located Between: McDonalds and Dunkins
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,453 SF
Year Built: 1990
Roof Type: Gable
Construction/Siding: Aluminum Siding
Exterior Description: There is a 2 car attached garage on the east side of building. There is an ADA ramp on the west side. A stockade fence is located between this lot and McDonald's. On the other opposite of lot there is a strip of land with trees that runs along the property line between this site and a 3 bldg office park.
Parking Type: Surface
Parking Description: Paved parking on three sides of the building.
Total Parking Spaces: 20
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit, Other
Internet Access: Cable
Interior Description: As a previous doctor's office, this building has many small offices. There is a beautiful fireplace and hard wood floor as you enter the building through the front door. This has typically served as a waiting area. There are lovely features through out. The whole first floor has just been renovated.
Zoning Description: CG
Lot Frontage: 130
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 3665/2450

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,941 26,581 49,930
Median Age: 33.58 39.7 40.02
Households: 2,140 11,763 20,181

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