4 Cresent St - Medical FOR SALE


Concord, NH 03303
$1,150,000 USD
603-785-8601
4 Cresent St, Concord, NH for Sale
$1,150,000 USD
Medical - FOR SALE
1/12
null | 6.5% Cap Rate

4 Cresent St
Concord, NH 03303


HIGHLIGHTS

  • 100% Leased Investment Property
  • Fully Renovated in 2022
  • Established Architectural Firm with local and regional presence
  • Located in the Penacook Village near retail, services, and community amenities.
  • Within driving distance of Manchester-Boston Regional Airport and the Port of Boston.
  • Convenient access to Interstate I-93 and Route 3 for regional connectivity

OVERVIEW

4 Crescent Street, Unit 2 • Penacook, NH 4,273± SF Professional Office Condominium – 100% Leased Investment 4 Crescent Street, Unit 2 is a 4,273± SF professional office condominium leased to Warren Street Architects through December 31, 2033, offering stable, long-term cash flow and presents an excellent opportunity for a 1031 exchange investor. The unit was fully renovated in 2023 by Warren Street Architects in a contemporary design featuring glass-walled conference room and private offices, modern finishes, and an efficient open layout. Energy-efficient solar panels on the roof service the unit and its HVAC systems, reducing operating costs and enhancing sustainability. Located in Penacook with convenient access to Penacook Village, Concord and surrounding markets, this turnkey, professionally finished office condominium combines credit tenancy, term certainty, and recent capital improvements—a compelling, low-maintenance investment in today’s market.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Crescent Street, Unit 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.11 AC

LAND SF

91,912 SF

ZONING

OCP

APN/PARCEL ID

108638

ASK ABOUT THIS PROPERTY

Mike HarringtonHarrington & CompanyMore Info
603-785-8601

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Mike HarringtonHarrington & CompanyMore Info
603-785-8601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.