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$1,065,000 Just Listed
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Property 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 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.
Full Property Details
Full Property Details for 85-89 South State St
General
- Price: $1,065,000
- Taxes: $23,078 (2025)
- Status: Active
- Type: Retail
- Source: PrimeMLS
- MLS ID: 5090994
- Updated: 5/26/2026
- Added to Site: Today
Parking
- Parking: On-Site
Location
- County: Merrimack
Heating & Cooling
- Cooling Type: Wall AC Units
- Heating Type: Hot Water
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Walk-up
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Square Feet: 11,917
- Finished Total: 6,725 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Frontage: TBD
- Zoning: CU
Financial Considerations
- Price Per Sq. Ft.: $89.37
- Tax Amount: $23,078
- Tax Year: 2025
Listed by Downtown Realty, Matthew Lefebvre
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Price & Sales History for 85-89 South State St
Date
Details
Price
Change
Source
5/26/2026
Listed
$1,065,000
37.07%
MLS
4/01/2016
Sold
$777,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 85-89 South State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,759
5%
$300,900
—
2024
$8,332
3%
$300,900
—
2023
$8,082
4%
$300,900
—
2022
$7,790
3%
$300,900
—
2021
$7,559
5%
$300,900
12%
2020
$7,212
-13%
$269,500
-9%
2019
$8,251
-1%
$297,000
—
2018
$8,372
—
$297,000
—
2017
$8,387
2%
$297,000
—
2016
$8,218
31%
$297,000
29%
2015
$6,285
2%
$229,900
—
2014
$6,164
-7%
$229,900
-12%
2013
$6,651
—
$260,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 85-89 South State St
85-89 South State Street, Concord, NH 03301 (MLS# 5090994) is a Retail property. 85-89 South State Street is currently listed for $1,065,000 and was received on May 26, 2026. Want to learn more about 85-89 South State Street? Do you have questions about finding other Retail real estate for sale in Concord? You can browse all Concord real estate or contact a Coldwell Banker agent to request more information.

