85-89 S State St

6
Baths
8,765 Sq. Ft.
$122 / Sq. Ft.
8,765
Sq. Ft.
$122
per Sq. Ft.

Description

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...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.
  1. Listed by Matthew Lefebvre • Downtown Realty

Property Details for 85-89 South State Street

Water View
No
Zoning
CU
LISTING UPDATED: 05/27/2026 01:58 PM

Property Details for 85-89 South State Street

StatusActive
MLS #5091099
Days on Market7
Taxes$23,078 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.24 AC / 10,454 SF
CountyMerrimack County

Location

Listing Courtesy of Downtown Realty
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Building Information for 85-89 South State Street

Stories2Residences7Year Built1920Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$7,230 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,307

Property Taxes

$1,923

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 85-89 South State Street

Summary
Location and General Information
  • City: Concord
  • County: NH-Merrimack
  • Latitude: 43.197618000001000
  • Longitude: -71.533348000000004
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 7442
  • Zip Code: 03301
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 0
  • Lot: Z25
  • Lot Features: City Lot, Level, Sidewalks, In Town, Near Shopping, Neighborhood
  • Lot Size Acres: 0.24
  • Total Finished Area: 8765.0
  • Above Grade Finished Area: 6725.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 2040.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 1820.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 10454.0
  • Total Area: 10585.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Unknown
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1920
Utilities
  • Electric: 200+ Amp Service
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Finished, Unfinished
  • Heating: Natural Gas
  • Cooling: Central AC, None
  • Total Stories: 2.5
Multi Family
Multi-Family Information
  • Total Units: 7
  • Total 1 BR Units: 6
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $1,590.00
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,585.00
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,150.00
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,665.00
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 1
  • Unit 5 Lease Term: Annual
  • Unit 5 Rental Amount: $1,375.00
Unit 6
  • Unit 6 Rental Agreement: Yes
  • Unit 6 Lease Term: Annual
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 1
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Rental Amount: $1,300.00
Unit 7
  • Unit 7 Rental Agreement: No
  • Unit 7 Status: Vacant
Rental
Rent Information
  • Total Leases: 6

Property History for 85-89 South State Street

DateEvent & SourcePriceAppreciation
May 27, 2026

Listed (Active)

New England Real Estate Network #5091099

$1,065,000
DateEvent & SourcePrice
05/27/2026

Listed (Active)

New England Real Estate Network #5091099

$1,065,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 85-89 South State Street

This home is within Concord School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 13
Public - 1 to 5
Rating
School
Distance
Christa Mcauliffe School
PublicK to 5

Rundlett Middle School
Public6 to 8

Concord High School
Public9 to 13

Rumford School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

85-89 South State Street is a multi-family home for sale in Concord, NH 03301. This property was listed for sale on May 27, 2026 by Downtown Realty, it's currently listed at $1,065,000. This listing's school district is Concord School District. Nearby schools include Christa Mcauliffe School, Rundlett Middle School and Concord High School. 85-89 South State Street is a 6-bed, 6-bath, 8,765 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Downtown Realty

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 06/03/2026 06:54 PM