8 Centre Street, Concord, NH, 03301 | $849,500

Prime Office Building in Downtown Concord, NH - Welcome to this historic, well-maintained building with Deeded Parking located in the heart of the city. This charming building is just over 6, 600 square feet. Situated in the thriving business district, this property offers unparalleled visibility and convenience. Tenants and clients alike will appreciate the easy access to major highways, off-street parking, public transportation, and a wide range of local amenities. Features: Historic 2-story building, Four units with separate utility meters for Water, Sewer, Electric, and Natural Gas; 14 deeded parking spaces, off-street, asphalt lot located on site; Ideal downtown location, Main thoroughfare with excellent exposure to vehicles, foot traffic, and signage; Views of the state building; Close to restaurants, shopping, medical centers, public transit, and I-93. Discuss possibility for change of use with appropriate municipal officials. If you're looking to expand your investment portfolio or establish a presence in this vibrant area, this property offers a unique opportunity. Don't miss out on this rare chance to own a piece of history. The four units are currently leased to long-term tenants, who would prefer to remain. If vacant building preferred, there is a minimum of ninety (90) day notice to tenant(s) to vacate from date of closing required, if tenants are unable to vacate sooner. Buyer and or Buyer’s representation to verify all information and complete due diligence.

Features

  • Property Type: Business,Investment,Office
  • Construction: Wood Frame,Vinyl Siding
  • Parking: Assigned,Off Street,On-Site,Parking Spaces 11 - 20,Paved
  • Heating: Forced Air
  • Cooling: Central AC
  • Units: 4
  • Zoning: CVP
  • Frontage: 88
  • Year Built: 1900
  • Approx Sq. Feet: 4,670
  • Acreage: 0.19
  • Est. Taxes: $13,296
  • MLS#: 4993354
  • Website: https://www.raveis.com
    /prop/4993354/8centrestreet_concord_nh?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/16/2024
Listing courtesy of McGinn & Associates Realty, LLC   Phone: 603-898-3900
Listing Agent: Maria Erna

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8 Centre Street, Concord, NH, 03301

$849,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $679,600 $679,600 $679,600
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.229% 6.486% 6.307%
Monthly Tax Payment $1,108 $1,108 $1,108
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,912 $4,240 $5,781
Total Monthly Payment $5,112 $5,440 $6,981

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.