MLS Number 4848215
- Year Built 1900
- Acreage 0.67
- NOI 55235
The location and access to I 93 and central downtown make this offering prime for redevelopment. The property is made up of 4 lots totaling 0.67 acres on So Main St and Sexton Ave, just off Exit 13 of I 93 and the intersection of S Main and Storrs St. In addition to the 4 lots, there are adjacent parcels owned by the City of Concord and the State of NH that could possibly be available for sale to add 1.07 acres to the project. There are four residential/commercial buildings on the site. A music school, located at 113 S Main St has a lease that expires in fall of 2022. 111 S Main St has 2 residential tenants and one retail tenant, 113 R S Main St is a duplex occupied entirely by one family, and 4-6 Sexton is a 3 unit with the 2 of the 3 units occupied. All of these tenants are tenants at will. The property abuts Dunkin Donuts and D'Angelo's. McDonald's, Goodyear Tire, Aubuchon Hardware, Amish Homestead, and Ledyard Bank are across the street. In addition to the commercial and retail development in the area, there is a dense residential population within walking distance to the location.
Listed by Scott Walker of Premiere Properties