85 S State St Concord, NH 03301
South End NeighborhoodEstimated payment $7,777/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- |
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: PrimeMLS
MLS Number: 5091099
APN: CNCD-000028-000002-000023
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