Simply the best real estate investment in Concord today! That is a fact. Let me tell you why. I have a nostalgic view of Concord’s West End. I remember visiting family in the early 1990s thinking about how wonderful our West Village District was. It had a market and meat counter that could not be beat in the location where our wonderful Woods Hill Table currently is. I think Woods Hill Table is an amazing dining experience for those of you who may have not had a meal there in recent times. They run a tight ship with a great staff and especially a passionate chef these days. In the 1990s there was a five and dime that reminded me of my childhood five and dime. I have fond memories of the one in West Concord. I would bring my son there when we needed to have some adventure. The second aisle to the left of the front door was all small wooden boxes that were filled with army men, bouncy balls and anything else you can think of that would make a child smile. I remember leaving there with a brown paper bag of toys from aisle two, holding my son’s hand while I chewed on a piece of Bazooka with a Tootsie Roll lollipop in my pocket for my drive to do open houses later in the day. Great memories. That location is now Debra’s Natural Gourmet where there are more healthy options than one can count! I do not know of another store in any of the surrounding towns that has a mission like the mission Debra’s is on. Terrific people and so well run. I have replaced Bazooka gum and lollipops with vitamins and freshly made smoothies and soups. As Bob Dylan says, the times they are a-changin’.
95 Commonwealth is for sale and right in the middle of all the action in the West End. It could be rented for $5,000 per month but my clients prefer to sell the property. Opportunity knocks either way! If you are looking for a real estate investment that will stand the test of time, this is it. No question. Please trust my judgment. First and foremost, the retail space is some of the largest we have in the Village and an owner or tenant has the opportunity to be an anchor store for the street and the entire Village district for that matter. An easy rental if that is the mission. This is a fantastic place to set up shop if you want to open a business or have a business that could prosper in our Village. Future development of this property could include adding to the building and making the upstairs office units residential rentals.
The most substantial impact to value is the future development of the MCI site. This will have a positive impact on the value of all the buildings in the business district in West Concord. It will have a positive impact on this specific building’s value and the future rent roll. As my father taught me, you want to do business in areas where other people are running successful businesses and where competitors are. You want to invest in areas where investors that are larger than you are going to invest. The rising tide raises all the ships no matter the size. An opportunity like 95 Commonwealth does not come up often in business as we know there is a substantial development pending just down the street. This building is a terrific long-term investment.
I would imagine that this is a very good time to diversify your investments based on all that is going on out there. A hard asset like this, in a location like this, simply makes CENTS, or more important DOLLARS.


