49 Hall StConcord, NH 03301

Property Details for 49 Hall St

Year built

1910

Construction

FRAME

Lot size

0.30 AC

Property size (Sq ft)

1,106 SF

Zone code

OCP

Property type

Retail properties

Property subtype

Turn key restaurants

APN

CNCD M:792Z B:28

APU

CNCDM792ZB28

Description

This exceptional 1,440 square foot freestanding building presents a rare opportunity to own prime commercial real estate in Concord, NH, for $650,000. Situated on a 0.3-acre lot in a high-traffic retail corridor, this property enjoys unparalleled visibility and accessibility. Just minutes from Interstates 93 and 89, and downtown Concord, it offers convenient access for both customers and suppliers. Completely updated in 2019, the building is move-in ready and requires no immediate capital improvements. The property boasts ample on-site parking, supplemented by convenient street parking. A fully equipped kitchen and dining area, complete with furniture, fixtures, and equipment, is ideal for food service businesses, though the versatile space lends itself to a variety of uses. The spacious lot allows for expansion potential, subject to town approval, providing room for future growth and added services. The location is exceptional, surrounded by hotels, inns, residences, medical facilities, and professional offices, ensuring a consistent flow of both local and out-of-town clientele. This turnkey property offers a unique blend of immediate operational capability and significant long-term growth potential in a thriving area of New Hampshire's capital city. Don't miss this chance to acquire a valuable asset in a densely populated and highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $268,797

  6.5%

  $248,120

  7%

  $230,397

• Comparable approach

  Method

  Valuation

  Relative Method

  $364,165

  Geo Method

  $364,165

• Alternative Use

  Use

  Valuation

  Residential

  $209,298

  Hospitality

  $191,716

  Educational

  $159,506

  Medical

  $164,991

  Retail

  $248,120

Location Insight

City

Concord

County

Merrimack

State

New Hampshire

Latitude

43.1908

Longitude

-71.5264

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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