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.
Active
Listed by: Downtown Realty
$1,065,000
85-89 South State Street, Concord, NH 03301
6beds
6baths
8,765sqft
Multi Family
Built in 1920
-- sqft lot
$1,033,500 Zestimate®
$122/sqft
$-- HOA
What's special
Natural gas heatingMultiple private officesStorage areasAda-compliant bathroomsSix-unit multifamily building
- 31 days |
- 553 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Lefebvre,
Downtown Realty 603-554-2309
Source: PrimeMLS,MLS#: 5091099
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Natural Gas
Cooling
- Central Air, None
Features
- Basement: Finished,Unfinished,Interior Entry
Interior area
- Total structure area: 10,585
- Total interior livable area: 8,765 sqft
- Finished area above ground: 6,725
- Finished area below ground: 2,040
Property
Parking
- Parking features: Paved
Features
- Levels: 2.5
Lot
- Size: 10,454 Square Feet
- Features: City Lot, Level, Sidewalks, In Town, Near Shopping, Neighborhood
Details
- Zoning description: CU
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block, Brick, Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Concord
Financial & listing details
- Price per square foot: $122/sqft
- Annual tax amount: $23,078
- Date on market: 5/27/2026
- Road surface type: Paved
Estimated market value
$1,033,500
$982,000 - $1.09M
$2,754/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $1,065,000$122/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 03301
Nearby schools
GreatSchools rating
- 5/10Abbot-Downing SchoolGrades: PK-5Distance: 6 mi
- 6/10Rundlett Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Concord High SchoolGrades: 9-12Distance: 0.9 mi
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A local lender can help you make sure your offer is ready when you are.
- New Hampshire
- Merrimack County
- Concord
- 03301
- 85-89 South State Street






