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21-23 Pembroke Rd

Concord, NH
Floors
2
Total Size
8,082 sqft
Zoning
CG - GENERAL COMMERCIAL DISTRICT
Year Constructed
0
Year Renovated
2012
Building Class

About 21-23 Pembroke Rd

Investment Property for sale consisting of 9 Residential Units, 2 Apartment Buildings, 2 Houses on 2 Commercial Lots. Total acreage is 1.78 acres in the CG - General Commercial District - Zone!!

These 2 properties are across from the National Guard Armory on Pembroke Road and next to Wendy's Restaurant. You can see this property from Loudon Road!!

Great Investment and development site for now or the future!

CG zones allows retail, offices, healthcare, sale of garden supplies, commercial indoor recreational, service and restaurant.

17-19 Pembroke Road: .39 acres. Four 2-Bedroom Units consisting of 1 apartment building in the front and 1 house in the rear. Fully leased. All units have been recently redone. 3 Tenants pay weekly rents of $215, $225,and $235 per week and one Tenant pays bi-weekly rent of $405.00.

21-23 Pembroke Road: 1.39 acres. Five 2-Bedroom Units consisting of 2 Apartment buildings. One vacanty currently (Unit 23-3 @ $215.00 per week). Tenants pay weekly rent of $225, $215, $215 and $210. One Tenant pays monthly of $910.00.

Most of the tenants are on annual leases but Landlord only has the right to provide 90 day termination notice to Tenant. - Parking description: Ample Parking for Tenants on-site. - Number of buildings: 4 - Number of units: 9 - Building condition: Good

Internet Providers for 21-23 Pembroke Rd

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
1 Gb/s
Freedom Ring Communications DSL
50 Mb/s
50 Mb/s
G4 Communications DSL
10 Mb/s
1.5 Mb/s
N/A DSL
6 Mb/s
768 kbps
FairPoint Communications, Inc. DSL
1.5 Mb/s
768 kbps

The City: Concord

Most listings are in the $20's per square foot per year. The Concord submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decrease in rent.

Compared to the rest of the Greater Boston market, the Concord region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Median Rate Median Size
Concord $21
/sqft/yr
3,000
sqft
Median Rate Median Size
Greater Boston $23
/sqft/yr
3,230
sqft

Median Rate over Time in Concord