120 South Main Street, Lebanon, NH
Commercial Sale
Listed by RE/MAX Upper Valley · Gerry Stark
Property Description
Prime Commercial Property on Route 12A – West Lebanon, NH. Excellent location with direct access and prominent signage on Route 12A (South Main Street), with two curb cuts, in the heart of West Lebanon's retail and business corridor. Positioned directly in front of Hannaford, next to Jiffy Lube, and across from Glen Road Plaza, this high-visibility property benefits from heavy traffic flow and strong neighboring anchors. Ample parking with approximately 16 to 20 spaces. Currently configured with 5 tenant units: 2 on the first floor, 3 on the second. All tenants are on month-to-month or annual gross leases. Newer roof and updated heating system. Separate electric meters for all units (except Units 4 and 5, which share one meter). Private half baths in all units; Unit 1 features a 3/4 bath. Shared kitchenette and handicapped access between Units 1 and 2. Units 4 and 5 share a common waiting room/hallway. Flexibility for Owner-Users: The main tenant in Unit 1 is open to vacating with appropriate notice, allowing for the relocation to an alternate suitable location, allowing for a potential owner-occupied scenario or reconfiguration on the first floor. This is a versatile investment or owner-user opportunity in a highly desirable, high-traffic location. Shown by appointment only, detailed income and expenses available. The owners are licensed NH Real estate agents.
Property Details
Essentials & finishes
- Bedrooms:0
- Total Baths:0
- Property Type:Commercial Sale
- Year Built:1850
- County:NH-Grafton
- Town:Lebanon, NH
- Status:Active
- Days on Market:188
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Price, listing activity & annual taxes for this property
No sales history available.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Lebanon56
- Average list price$483,683
- Price range$2,200 – $929,000
- Market sentimentBuyer's Market
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- Principal & Interest$2,776
- Property Tax$778
- Home Insurance$114
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 56 active · 0 sold in Lebanon (last 90 days)
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