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280 Pleasant St
Concord, NH 03301

Office Property For Sale

Investment Highlights

  • Standalone Office Condo with parking and proximity to Concord Hospital.

Executive Summary

2,847 SF free-standing, office/medical condo for sale - Unit F-1. Renovated in 2018. • Well configured 2 levels with on-site parking. • Small professional office park with 3 buildings (6 condo units in the assoc.). • Condo fee: $441/month • Two tenants currently: Property can remain as an investment property or be used by one tenant/owner. Property is well configured for easy use as 2 standalone suites. Central entrance with separate access for each unit. The first floor is occupied with a lease thru June 2022 (with 1 year option to extend) and 2nd floor is a TAW. Gross leases: unadjusted NOI based on actual rent/ expenses is $19,000 (4.7% cap rate). • The IS zone is one of the few zones in Concord that permits medical services (healthcare, counseling, outpatient, clinics). • Price: $405,000 See Floorplans. - FIRST FLOOR SUITE: Reception, 3 offices (can be conference rooms), break room and private bathroom with shower. The offices range from 140 - 175 SF with the large reception area. - SECOND FLOOR SUITE Reception, 5 Offices (can be conference rooms), breakroom and private bathroom. Heat (natural gas) electric.

PROPERTY FACTS

Property Type Office
Property Subtype Medical
Building Class C
Lot Size 0.98 AC
Rentable Building Area 2,847 SF
No. Stories 2
Year Built/Renovated 1900/2018
APN / Parcel ID
CNCD-000096-000001-000007
  • CNCD-000096-000001-000014
  • CNCD-000096-000001-000015
  • CNCD-000096-000001-000016
  • CNCD-000096-000001-000017
  • CNCD-000096-000001-000024
  • CNCD-000096-000001-000025

zoning

Zoning Code IS
IS
  • Listing ID: 24919695

  • Date on Market: 1/26/2022

  • Last Updated:

  • Address: 280 Pleasant St, Concord, NH 03301

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