Concord, NH 03301,234 N Main ST
Listed by Jennifer Jutras • NOBO Real Estate • Jenn@noborealestate.com
Bought with Brian Magoon • Keller Williams Realty Metro-Londonderry
$460,500
$489,900
6.0%
Est.Price: ?

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7,840 Sqft Lot

234 N Main ST Concord, NH 03301

Est. payment /mo
SOLD DATE : 10/07/2025

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Key Details

Sold Price $460,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5055774

Sold Date 10/07/25

Year Built 1950

Annual Tax Amount $10,965

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Description

Assumable loan with a 3% interest rate! Loan is for $375,000, 3% interest only payments, balance due Nov 2028. Interest payment is only $937.50 per month, for an additional 39 months. Landlord only pays the taxes. No other expenses are incurred - 16% ROI. Here's your opportunity to own a 2 unit commercial building fully rented - on the left side, Papa John's has a long term lease and takes care of all maintenance. Right hand side is a nail salon on a month to month lease. Tenant has been in the business for 20 years and is looking to stay - sign a lease or put your own business in! 6% cap rate with both tenants. Roof is only 6 years old, ACs are 5 yrs and 10 yrs and are the responsibility of the tenants. Building was painted and repaved less than 2 years ago. Solid building, and a solid investment.

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning CU

Exterior

Utilities Available Telephone at Site, Underground Gas

Roof Type Flat

Building

Sewer Public

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Melinda Torrens

Melinda Torrens

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+1(207) 776-1620

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