85-89 South State Street
Concord, NH, 03301 $ 1,065,000
Bedrooms6 Baths6.0 Sq 8,765 Monthly Estimate*
$ 6,557
Listed by Matthew Lefebvre, Downtown Realty, 603-554-2309, mlefebvre@dtrnh.com
for $1,065,000 with 6 bedrooms and 6 full baths. This 8,765 square foot home was built in 1920 on a lot size of 0.24.
Presenting a rare opportunity to acquire two abutting parcels in the heart of Concord's downtown business district â 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 â all serviced by natural gas heating and high-efficiency mini splits for year-round comfort â 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 â steps from the State House, courthouses, and Concord's most active commercial corridor â is not one to overlook.
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Multi-Family ActiveApartment Building,Multi-Family
FeaturesInteriorBasement Description Finished Unfinished
Basement Yes
Total Number of Units 7
Unit 4 Bedrooms 1
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GeneralRoad Frontage TBD
Sewer Public
Heating Natural Gas
Cooling Central AC None
Utilities Other
Roof Asphalt Shingle
Garage No
Flood Zone Unknown
Zoning CU
Year Built 1920
Electric 200+ Amp Service
Style Apartment Building Multi-Family
Stories Count 2.5
Construction Status Existing
Block 0
Auction No
Tax Year 2025
Status Detail 0
Covenants Unknown
Construction Materials Vinyl Siding
City Concord
Seasonal No
DOM 0
Price Per Sq Ft Total AG 121.51
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ExteriorLot Features City Lot Level Sidewalks In Town Near Shopping Neighborhood
Driveway Paved
Water View No
Lot Size Area 0.24
Water Source Public
Foundation Block Brick Concrete
Lot Z25
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* Excluded FeaturesList ByMatthew LefebvreListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $6,557
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Concord, NH
Average List Price $795,742
Percent of Sale Price 25%
About Concord, NH 43,777 Population
8% Since 2002
$ 60,560 Median Income
40.96 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/27/2026 | $1,065,000 | | Listed Price |