45 Hanover Street Lebanon, NH $ 3,250,000
45 Hanover Street
$ 3,250,000
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45 Hanover Street

Lebanon, NH, 03766
$ 3,250,000
Baths0.0 Sq 19,500

Monthly Estimate*

$ 21,601

Listed by Keegan Rice, Badger Peabody & Smith Realty, 603-348-7261, KeeganR@badgerpeabodysmith.com
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Studio

Commercial Property for sale in Lebanon, NH

for $3,250,000. This 19,500 square foot building was built in 1987 on a lot size of 0.22.

This highly visible and well-known property offers a range of benefits and possibilities for the savvy investor. Included in the sale is the building itself, a fully operational and successful pizza restaurant complete with business assets and furniture, fixtures, and equipment (FF&E). Additionally, three other tenants are already in place, providing immediate rental income. Two of these tenants are tenants-at-will (TAW), while one has a lease in effect until July 2024. Coordinate long-term lease extensions with existing tenants or take advantage of the property's versatility and use it according to your needs and vision. Featuring exceptional visibility and accessibility, with an impressive 11,000 car traffic count. This ensures that your business will receive maximum exposure, attracting a steady stream of potential customers. Additionally, the building, constructed in 1987, boasts modern features that make it suitable for a wide range of uses, providing flexibility for future ventures. The property is strategically located amidst ample public parking, which greatly supports both tenants and customers. The pizza restaurant within the building is a true gem, generating exceptional cash flow. It includes a full bar known as the "Cave," adding a unique and enticing element to the establishment. The restaurant has a proven record of historical performance, and there are ample opportunities for further growth and success under new stewardship.

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Commercial Contingent

Price

$ 3,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,267

Style

Business,Development,Hospitality,Investment,Office

Lot Size

0.22

Year Built

1987

Town/City

Lebanon

County/Region

Grafton

MLS | Web ID

4956580

Features
General
Road Frontage No
Sewer Public
Heating Forced Air Hot Water
Cooling Central AC Mini Split
Utilities Cable
Roof Standing Seam
Zoning LD
Status Under Contract
Year Built 1987
Electric 3 Phase
Tax Year 2023
Area NH-Grafton
Area Description Business District Commercial Zoning In Town Near Shopping Near Public Transportatn Near Hospital
Price Per Sq Ft Total 166.67
Tax Gross Amount 21267
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Interior
Equipment Smoke Detectr-HrdWrdw/Bat Sprinkler System
Basement No
Heating Fuel Oil
Total Number of Units 5
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Exterior
Foundation Concrete
Lot Size Area 0.22
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* Excluded Features
List By
Keegan Rice

Listing Agent

Badger Peabody & Smith Realty

Broker

(603) 348-7261

Phone

KeeganR@badgerpeabodysmith.com

Email

Affordability Calculator

$23,373
Per Month
92%
8%
0%
Monthly Principal & Interest
$21,601
Monthly Property Taxes
$1,772
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$3,250,000 Listed Price

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45 Hanover Street, Lebanon, NH, 03766 is a Commercial Property for sale at $3,250,000 with 19,500 sqft and a lot size of 0.22. 45 Hanover Street is a studio with 0.0 baths and was built in 1987. The property's zip code is 03766 which is in Lebanon, NH