240 Meriden Road, Lebanon, NH
Commercial Sale
Listed by Equity Group Real Estate Broker Inc. · James Ward
Property Description
Corporate headquarters or prime income investment property. 3 buildings with Offices, display and retail showroom, service and repair area, receiving and storage. Additional land with extensive road frontage. Easy potential subdivision of house lots. Potential to subdivide or condo the commercial buildings. On 7 acres, frontage at road grade. Main building - 2 levels. Ground level 3700 sf. office and product display. Good street visibility. 3700 SF lower walk out. Mostly finished. Used for Storage and repair. Post and beam 4800 2 story barn with drive through. Good road visibility. Corner lot location. Repair/storage building 2160 sf. Multiple uses under flexible grandfather use rights. 734 feet on Rt. 120. 300 feet on Storrs Hill Rd. Ample paved parking area. Natural area backs up to Great Brook. No wetlands observed, No flood plain per town map. 2 miles south of center of town. R3 zone. All building in excellent condition and updated. Projected cap 8% or 12.75% after extra land spin off.
Property Details
Essentials & finishes
- Bedrooms:0
- Total Baths:0
- Property Type:Commercial Sale
- Year Built:1955
- County:NH-Grafton
- Town:Lebanon, NH
- Status:Active
- Days on Market:169
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$489,721
- Price range$2,200 – $929,000
- Market sentimentBuyer's Market
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- Principal & Interest$8,090
- Property Tax$2,267
- Home Insurance$333
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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