111 S Main St, #4/6/7/8

Concord, NH 03301

MLS ID# 4848215 Active
Development

$1,295,000


Map Layers

Details for 111 S Main St, #4/6/7/8, Concord NH 03301

The location and access to I 93 and central downtown make this offering prime for redevelopment. The property is made up of 4 lots totaling 0.67 acres on So Main St and Sexton Ave, just off Exit 13 of I 93 and the intersection of S Main and Storrs St. In addition to the 4 lots, there are adjacent parcels owned by the City of Concord and the State of NH that could possibly be available for sale to add 1.07 acres to the project. There are four residential/commercial buildings on the site. A music school, located at 113 S Main St has a lease that expires in fall of 2022. 111 S Main St has 2 residential tenants and one retail tenant, 113 R S Main St is a duplex occupied entirely by one family, and 4-6 Sexton is a 3 unit with the 2 of the 3 units occupied. All of these tenants are tenants at will. The property abuts Dunkin Donuts and D'Angelo's. McDonald's, Goodyear Tire, Aubuchon Hardware, Amish Homestead, and Ledyard Bank are across the street. In addition to the commercial and retail development in the area, there is a dense residential population within walking distance to the location.

Features and Details

  • List Price $1,295,000
  • Category Commercial
  • Type Development
  • Village/Neighborhood
  • Submarket
  • County Merrimack
  • Lot SQFT 29185
  • SQFT - Total Available 12509 sqft
  • Acreage 0.67
  • MLS ID# 4848215

Annual Expenses/Income
Income: 115341
Apx Bldg SqFt
12509
Building #
4
Parking
On-Site, On Street
Lot Description
City Lot, Curbing, Level, Major Road Frontage, Sidewalks, Street Lights
Total
Units: 7
Utilities
Cable - Available, Gas - On-Site, Internet - Cable
Natural Gas
Yes
Water
Public
Sewer
Public
Zoning
CU - Urban Commercial
Location
Business District, Commercial Zoning, In Town, Near Public Transportatn, Near Shopping
Property Types
Development, Investment, Multi-Family, Office, Opportunity, Retail
Property Type Use
Bank, Office Building, Other, Retail Strip, Storefront
Transport Access
City Street, Major Road Access, Near Airport, Paved, Public Transportation, State Highway
Delayed Showings
No
Sale Includes
Land/Building
Sale Type
Sale

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This listing was last updated on 2/23/2021 10:30:52 AM.