111 -113 South Main Street

Description

Introducing a rare contiguous investment opportunity in the heart of Concord, New Hampshire. This four-property portfolio spans 111 & 113 South Main Street, 4–6 Sexton Avenue, and 11 Whittridge Avenue, offering a compelling mix of residential and commercial income across abutting parcels with future redevelopment and value-add potential. 111 South Main Street is a mixed-use three-unit property featuring a street level commercial space currently leased to an established tattoo studio, along with two residential apartments comprised of a three-bedroom/one bath unit and a two-bedroom/one-bath unit. 113 South Main Street consists of a two-unit commercial building with one unit occupied with a long-term lease by a gym operator and the second unit leased as a sales office to the largest national provider of pest control services, providing a fully stabilized commercial building with strong leases and plenty of term left. 4–6 Sexton Avenue is a three-unit multifamily building offering two one-bedroom/one bath apartments and one three-bedroom/one-bath apartment. 11 Whittridge Avenue is a duplex with two two-bedroom/one-bath units, rounding out the residential component of the portfolio. In total, the offering includes ten units across a strategic assemblage of parcels with frontage along South Main Street and access from adjacent residential streets. Offering a fully stabilized property with rental upside and mixed-use flexibility presents multiple paths to value creation for investors, including rent growth, commercial lease-up, repositioning, or long-term redevelopment given the contiguous nature of the sites. Located just south of downtown Concord’s core, the properties benefit from strong visibility, convenient access to I-93, proximity to retail amenities, employment centers, and public transportation, as well as continued investment throughout the surrounding corridor.