List Price: $1,065,000 | $122 per sq.ft. Multi Family A 7 Unit Multi Family Home
With 6 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Listed Wednesday May 27, 2026 | MLS# 5091099
85-89 South State Street Concord NH
Listed by Matthew Lefebvre Downtown Realty
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.
Annual Expenses

Taxes: $23,078
Income

UNIT 1

Beds: 1
Baths: 1
Rooms: 0
Rent : 1590.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 1
Baths: 1
Rooms: 0
Rent : 1585.00 Monthly
Lease Term : Annual
Signed Lease : Yes

UNIT 3

Beds: 1
Baths: 1
Rent : 1150.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 4

Beds: 1
Baths: 1
Rent : 1665.00 Monthly
Lease Term : Annual
Status : Leased

UNIT 5

Beds: 1
Baths: 1
Rooms: 0
Rent : 1375.00 Monthly
Lease Term : Annual
Signed Lease : Yes

UNIT 6

Beds: 1
Baths: 1
Rent : 1300.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
Construction: Vinyl Siding
Year Built: 1920
Style: Apartment Building | Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 10585
Above Grade Sq.Ft.: 6725
Below Grade Sq.Ft.: 2040
Basement: Finished | Unfinished
Roof: Asphalt Shingle
Seasonal: No
Heating: Natural Gas
Cooling: Central AC | None
Electric: 200+ Amp Service
Utilities: Other
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot | Level | Sidewalks | In Town | Near Shopping | Neighborhood
Lot size: 0.24 acres
Zoned: CU)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Paved


Easement - Unknown
Block - 0
Taxes $23,078
Assesed Value Not Reported
Schools

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