85, 87-89 South State Street

Multi-Family

85 87-89 South State Street, Concord, NH 03301

14 photos
Multi-Family For Sale
Asking
$1,065,000
Available
11,917 SF
Listing Details
Type
Sale
Status
Active
Asking Price
$1,065,000
List Date
May 27, 2026
Days on Market
35
Sale Total Expenses
$23,078
Owner Occupied
No
Tax Amount
$23,078
Tax Year
2025
Showing Instructions
Call Broker
Last Verified
Jun 22, 2026
Agent Ownership Interest
No

Two abutting parcels in the heart of Concord's downtown business district

Presenting a rare opportunity to acquire two abutting parcels in the heart of Concord's downtown business district — offered together for a compelling combination of income-producing residential units and a high-visibility commercial building. Located at 85 South State Street, the standalone commercial building is prominently positioned with excellent street presence and offers tremendous flexibility for fitness centers, retail, professional offices, medical/wellness, or non-profit uses; the main level (±2,640 SF) features an expansive open showroom with tall storefront windows, multiple private offices, storage areas, a kitchen, and ADA-compliant bathrooms, while the fully finished basement (±2,040 SF) adds meeting space, storage, and a bathroom with its own separate entrance — all serviced by natural gas heating and high-efficiency mini splits for year-round comfort — and with residential conversion potential, the building also presents an exciting value-add angle for the right buyer. The abutting 87-89 South State Street rounds out the offering with a six-unit multifamily building comprised of all one-bedroom/one bathroom units on municipal water and sewer with natural gas forced hot water heat, delivering immediate cash flow to offset carrying costs. Whether you're an investor seeking a mixed-use portfolio addition, an owner-user looking to occupy the commercial space while the residential units work for you, or a developer with a broader vision, this assemblage — steps from the State House, courthouses, and Concord's most active commercial corridor — is not one to overlook.

Space Details

Available SF
11,917 SF
Primary Use
Multi-family
Postal Address
85-89 South State Street
Property Highlights
Type
Multi-Family
Subtype
Low-rise
Size
5,132 SF
Acreage
0.12 Acres
Occupancy Type
Multi Tenant
Floors
2
Zoning
UT/URBAN TRANSITIONAL
County
Merrimack
Submarket
Concord
Contact
ML
Matthew LefebvrePrimary
Downtown Realty
Location