32-34 South Main Street

Land
Pending

32 34 South Main Street, ConcordNH 03301

Property Details

Location

Address
32 34 South Main Street, ConcordNH 03301
County
Merrimack
Submarket
Parcels
10205

Building Size

Building Size

Building Details

Type
 Land  
 Pending
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.74 Acres
Land (SF)
32,234 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
CBP
Lot Depth
Lot Width

Contacts

Current Listings

Development Opportunity in Downtown Concord

0.74 Acres$1,600,000
NAI Norwood Group

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.

NAI Norwood Group

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.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: NECPE

More Information

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