$1,065,000
PENDING

Estimated payment $7,777/month

Total Views 10,692
-- Bed
-- Bath
8,765 Sq Ft
$122 Price per Sq Ft

Highlights

  • Property is near shops
  • Central Air
  • Level Lot

About This Home

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.

Listing Agent

Matt Lefebvre

Downtown Realty License #070207 Listed on: 05/27/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,078

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2.5 Levels
  • Finished Basement
  • Interior Basement Entry

Location

  • Property is near shops
  • City Lot

Utilities

  • Central Air
  • No Cooling
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Community Details

  • 7 Units
  • 6 Leased Units

Listing and Financial Details

  • Tax Lot Z25
  • Assessor Parcel Number 7442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,078

Year Built

Built in 1920

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1920
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Apartment Building, Multi-Family
  • ResoLotFeatures: City Lot, Level, Sidewalks, In Town, Near Shopping, Neighborhood
  • Road Frontage Type: Paved, Public Maintained Road
  • MLS Status: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 6725.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_View: No
  • Basement_Access_Type: Interior
  • Total_Finished_Area: 8765
  • Total_Area: 10585
  • Above_Grade_Unfinished_Area: 0
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area: 1820
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Unfinished
  • Basement YN: Yes
  • Below Grade Sq Ft: 2040.0

Exterior Features

  • Driveway: Paved
  • Roof: Asphalt Shingle
  • Easements: Unknown
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Brick/Mortar, Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Cooling: Central Air, None
  • Utilities: Other
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: CU
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 23078.0
  • Tax Block: 0
  • Tax Lot: Z25
  • Tax Map Number: 7442

Multi Family

  • Number Of Units Total: 7
  • Number Of Units Leased: 6

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,759 $300,900 $70,000 $230,900
2024 $8,332 $300,900 $70,000 $230,900
2023 $8,082 $300,900 $70,000 $230,900
2022 $7,790 $300,900 $70,000 $230,900
2021 $7,559 $300,900 $70,000 $230,900
2020 $7,212 $269,500 $70,000 $199,500
2019 $8,251 $297,000 $70,000 $227,000
2018 $8,372 $297,000 $70,000 $227,000
2017 $8,387 $297,000 $70,000 $227,000
2016 $8,218 $297,000 $70,000 $227,000
2015 $6,285 $229,900 $70,000 $159,900
2014 $6,164 $229,900 $70,000 $159,900
2013 $6,651 $260,000 $70,600 $189,400
2012 $6,336 $260,000 $70,600 $189,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2026 07/08/26 Off Market $1,065,000 -- --
06/29/2026 06/29/26 Pending -- -- --
05/27/2026 05/27/26 For Sale $1,065,000 -- $122 / Sq Ft
Source: PrimeMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $777,000 --
Warranty Deed $335,000 --
Warranty Deed $255,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $250,000 Commercial
Source: Public Records

Source: PrimeMLS

MLS Number: 5091099

PrimeMLS

APN: CNCD-000028-000002-000023

Your Personal Tour Guide

Ask me questions while you tour the home.