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4 Cresent St
Concord, NH 03303
Office Property For Sale


Investment Highlights
- Located in the Penacook neighborhood near retail, services, and community amenities.
- Convenient access to Interstate 93 and Route 3 for regional connectivity.
- Within driving distance of Manchester-Boston Regional Airport and the Port of Boston.
Executive Summary
This property at 4 Crescent Street in Concord, NH offers a unique opportunity for buyers seeking a versatile asset in a well-connected location. Situated on a 2.11-acre parcel, the site is zoned OCP, allowing for office conversion potential and a range of adaptive reuse possibilities. The existing structure spans approximately 4,273 square feet and is currently classified as tax-exempt, which may present additional advantages for certain buyers.
The property is located in the Penacook neighborhood, providing convenient access to downtown Concord and major regional routes. Interstate 93 and Route 3 are easily accessible, ensuring strong connectivity to Manchester, Boston, and surrounding markets. The site is positioned within a mixed-use area that includes residential, office, and retail uses, creating a flexible environment for redevelopment or repositioning.
Nearby amenities include retail centers, dining options, and essential services, while Manchester-Boston Regional Airport is less than an hour away. The property’s location within the Concord CBSA and proximity to key transportation corridors enhances its long-term value and appeal for investors or owner-users seeking a foothold in the growing Merrimack County market.
The property is located in the Penacook neighborhood, providing convenient access to downtown Concord and major regional routes. Interstate 93 and Route 3 are easily accessible, ensuring strong connectivity to Manchester, Boston, and surrounding markets. The site is positioned within a mixed-use area that includes residential, office, and retail uses, creating a flexible environment for redevelopment or repositioning.
Nearby amenities include retail centers, dining options, and essential services, while Manchester-Boston Regional Airport is less than an hour away. The property’s location within the Concord CBSA and proximity to key transportation corridors enhances its long-term value and appeal for investors or owner-users seeking a foothold in the growing Merrimack County market.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
4,273 SF
Building Class
B
Year Built
2011
Price
$1,575,971 CAD
Price Per SF
$368.82 CAD
Cap Rate
6.50%
NOI
$102,438 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,273 SF
Building FAR
0.05
Lot Size
2.11 AC
Zoning
OCP
Parking
30 Spaces (7.02 Spaces per 1,000 SF Leased)
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