- Available Spaces
|---||Land||For sale: Contact for Pricing||55,321 sqft|
|2nd Floor||Office Space||For lease: $1.92/sqft||21,000 sqft|
|3rd Floor||Office Space||For lease: $1.92/sqft||21,000 sqft|
|4th Floor||Office Space||For lease: $1.92/sqft||21,000 sqft|
|5th Floor||Office Space||For lease: $1.92/sqft||21,000 sqft|
111 South Main Street is a mixed-use property for lease in Concord, NH. The property currently has 1 land and 4 office spaces for lease and is marketed by CBRE, Inc. and Colliers International.
A redevelopment opportunity is being offered through the sale of seven parcels totaling over an acre of land located on the east side of South Main Street and Sexton Avenue in Concord, New Hampshire. The parcels are improved with two commercial buildings containing approximately 8,400± square feet located at 111 and 113 South Main Street, three multifamily buildings containing seven apartments ((5) one bedroom and (2) two bedroom units) located at 111.5 South Main Street, 113 South Main Street rear and 4-6 Sexton Avenue. Six of the seven parcels are owned by the Pasquale F. and Gloria A. Alosa Trust (“Trust”). The seventh parcel is a vacant parcel of land known as 8-10 Sexton Avenue, currently owned by the City of Concord, but under contract with the Trust. The six Trust properties are being offered for sale at $1.3 million and the City owned parcel can be acquired at the contract value of $162,600.
I-93s Exit 13 provides quick highway access to the site, which is located at the southern end of Concord’s downtown in a prime retail area. The properties are closely neighbored by Dunkin Donuts, McDonald’s and D’Angelo’s.
The combined seven properties encompass a land area of approximately 55,000± square feet, or 1.27± acres. Zoning in this area is Urban Commercial District (CU) and Opportunity Corridor Performance (OCP). The CU District was established to recognize areas adjacent to the downtowns of Concord and Penacook, as well as proximate to the Downtown Residential Districts, within which are permitted a mixture of office, retail, restaurant, service, lodging and high density residential uses. Appearance is important at these downtown entryways, as is compatibility with the abutting neighborhoods. The OCP District was established for the economic redevelopment of under utilized urban properties located between downtown Concord’s Central Business Performance (CBP) District and I-93, as well as in other former brownfield locations in the City. The range of permissible uses, including retail, restaurant, service and office, are intended to reinforce, but not compete with the CBP District as a retail, office, and government center.