Commercial for Sale: 388 Loudon Road, Concord, NH 03301

$1,099,000
$1,099,000
388 Loudon Road, Concord, NH 03301
$1,099,000
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Price:
$1,099,000
$500,000 - 10/30/2024

Type Commercial
Lot Size 2.21 acres
Year Built 1951
Taxes Paid $16,272

City Concord
County Merrimack

MLS 5002794
Status Active
DOM 140 days
PRICE IMPROVEMENT! RARE Prime level lot on Loudon Road just waiting to be redeveloped, not many more lots like this on Loudon Road. Existing building was operated as the popular "Pit Road Lounge", and now it's waiting for a new owner to fix it up and get it back into business.... OR redevelop this prime level lot on Loudon Road for a new use. Located on highly traveled commercial hub Loudon Road where the vast majority of chain stores and restaurants are located. Great location for Medical, Retail, Restaurant with or without drive-through, Medical / Clinic, Retail establishment, Child/Adult care, Dance/Music school and so forth. Location is everything! Near all of the commercial box stores including WalMart. Harbor Freight, Dicks, Sams Club as well as chain restaurants including Texas Roadhouse, Chipotles and Popeyes to name a few. New housing projects include the planned repurposing of The Steeplegate Mall just a mile away, as well as the new Catch Housing around the corner on Sheep Davis Road; as a result this end of Loudon Road will be even more heavily trafficked with potential customers for business at this location. Seller is willing to share information concerning preliminary site investigation with plans prepared for automotive repair use. TRAFFIC COUNT: Roughly 11k VPD, and on Sheep Davis Road (Route 106, just a quarter mile away) 14k+ VPD. Route 393 is .3 miles away.

Lot & Building Features

Utilities Cable - At Site, Gas - Underground
Construction Masonry
Sewer On-Site Septic Exists, Public Sewer at Street
Tax Year 2023
Taxes Paid $16,272
Water On-Site Well Exists, Public Water - At Street
Basement Description Stairs - Interior
Lot Description Level, Major Road Frontage
Roof Shingle - Asphalt

Price History of 388 Loudon Road, Concord, NH

Date Name Price Difference
10/30/2024 Price Adjustment $1,099,000 31.27%
06/28/2024 Listing Price $1,599,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 388 Loudon Road, Concord, NH

Location Map Street View
Photo of Susan Smart
Direct: 603-860-0665
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Granite Rose Real Estate, LLC, Rose Culver 603-496-0034
$
20%
1.480618744313%
6.75%
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Monthly Taxes
Monthly HOA
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388 Loudon Road (MLS #5002794) is a commercial listing located in Concord, NH. This commercial listing is on a lot of 96,268 sqft (or 2.21 acres) and is 73 years old. This property was listed on 06/28/2024 and has been priced for sale at $1,099,000.

Nearby zip codes are 03234, 03258, 03275, 03301 5259 and 03307. This property neighbors other cities such as Bow, Chichester, Epsom, Loudon and Pembroke.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Granite Rose Real Estate, LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/15/2024