Commercial Land - For Sale
32-34 South Main Street Concord, NH 03301
Details & Description
Price: $1,600,000
  • Property Type Land for Sale : Mixed Use Land
  • Lot Size Acres 0.740
  • Land Sq Ft 32,234
  • Land Price per Sq Ft $49.64
REDEVELOPMENT OPPORTUNITY– This property consists of a 0.74+/- acre lot featuring a 22,780+/- SF office building constructed in 1927/1958 and a 75 space parking lot. The site is comprised of 2 lots of record. The City desires to sell the property for redevelopment. It would be the City’s preference to have the existing building demolished and replaced with a new mixed use building featuring ground floor retail, restaurant, and service uses with market rate housing on the upper floors. The property is in the heart of the City’s downtown central business district within walking distance to the State House, Capitol Center for the Arts, Red River Theatres, a 516 space public parking garage, a grocery store, and dozens of restaurants and niche retail shops. The property is also located with a Tax Increment Finance (“TIF”) District and New Markets Tax Credit eligible Census Tract. The City is prepared to re-zone to CBP - Central Business Performance to facilitate redevelopment of the property into its highest and best use. Note: The property is being offered as raw land for redevelopment as it is the City's desire to have the property achieve its highest and best use. The existing building does not achieve the highest and best use of the property.
Additional Photos
Listing Agents
Judy NilesSimmons
NAI Norwood Group
O: 603-668-7000
M: 603-496-4516
judy@nainorwoodgroup.com
Chris Norwood
NAI Norwood Group
O: 603-668-7000
cnorwood@nainorwoodgroup.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

32-34 South Main Street

Concord, NH 03301

Listing ID: 230441
$1,600,000
For Sale
  • Property Type Land for Sale : Mixed Use Land
  • Lot Size Acres 0.740
  • Land Sq Ft 32,234
  • Land Price per Sq Ft $49.64
  • 32-34 South Main Street Concord, NH 03301 - main image
  • 32-34 South Main Street Concord, NH 03301 - alt image 2
  • 32-34 South Main Street Concord, NH 03301 - alt image 3
  • 32-34 South Main Street Concord, NH 03301 - alt image 4
32-34 South Main Street - main image
32-34 South Main Street - alt image 2
32-34 South Main Street - alt image 3
32-34 South Main Street - alt image 4
Description

REDEVELOPMENT OPPORTUNITY– This property consists of a 0.74+/- acre lot featuring a 22,780+/- SF office building constructed in 1927/1958 and a 75 space parking lot. The site is comprised of 2 lots of record. The City desires to sell the property for redevelopment. It would be the City’s preference to have the existing building demolished and replaced with a new mixed use building featuring ground floor retail, restaurant, and service uses with market rate housing on the upper floors. The property is in the heart of the City’s downtown central business district within walking distance to the State House, Capitol Center for the Arts, Red River Theatres, a 516 space public parking garage, a grocery store, and dozens of restaurants and niche retail shops. The property is also located with a Tax Increment Finance (“TIF”) District and New Markets Tax Credit eligible Census Tract. The City is prepared to re-zone to CBP - Central Business Performance to facilitate redevelopment of the property into its highest and best use. Note: The property is being offered as raw land for redevelopment as it is the City's desire to have the property achieve its highest and best use. The existing building does not achieve the highest and best use of the property.

Attachments & Files

Listing Demographics for 32-34 South Main Street Concord, NH 03301

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population8,19026,16245,163
Population Median Age404141
Population by Age0-9 Yrs766 (9%)2598 (9%)4785 (10%)
10-19 Yrs746 (9%)2581 (9%)4824 (10%)
20-29 Yrs1421 (17%)4177 (15%)6571 (14%)
30-39 Yrs1332 (16%)3523 (13%)5995 (13%)
40-49 Yrs978 (11%)3169 (12%)5634 (12%)
50-59 Yrs1281 (15%)3689 (14%)6674 (14%)
60-69 Yrs891 (10%)2945 (11%)5296 (11%)
70+ Yrs775 (9%)3480 (13%)5383 (11%)
Median HH Income$53,083$59,607$72,953
Total Household Income< 24K1067 (26%)2443 (22%)2945 (16%)
25-49K814 (20%)2392 (21%)3426 (19%)
50-74K593 (14%)1744 (15%)2727 (15%)
75-99K594 (15%)1601 (14%)2740 (15%)
100-199K696 (17%)2319 (20%)4589 (25%)
200K+194 (4%)586 (5%)1332 (7%)
Highest Education LevelNo Diploma32814532326
Diploma or GED146147938030
Some College112635866043
Assoc. Degree70820383473
Bachelors Degree143640097159
Higher Degree106331535545
Total Housing Units4,34611,85218,782
--Owner-Occupied1,3695,06910,022
--Renter-Occupied2,5896,0167,737
Owner-Occupied Values< 100K1657601084
100-199K40012282153
200-299K50619443923
300-399K1706381685
400-499K64236604
500K+64264572
Total Working Age Population7,06522,24137,730
In Work Force5,02313,82924,016
Not In Work Force2,0428,41213,714
Workforce Employed4,79213,18123,100
Workforce Unemployed224642880
Civlian Workforce5,01713,82323,980
Military Workforce6636
Total Households3,95811,08617,759
Family Households1,7415,82310,772
Non-Family Households2,2175,2636,987
Married Couple1,1464,1848,357
Other Family5951,6392,415
Married w/Child3771,5093,188
Single Male w/Child118224334
Single Female w/Child2378101,097

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New Hampshire1,235,786+71,316,470+31,349,908+41,402,878
Hillsborough County380,841+5400,721+2409,478+4424,492
Merrimack County136,225+8146,445+3150,434+6159,899
Rockingham County277,359+6295,223+4307,013+5321,441

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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