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Listed by Equity Group Real Estate Broker Inc. · James Ward · 603-448-8000

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240 Meriden Road, Lebanon, NH

Residential Income

For SaleActive

Listed by Equity Group Real Estate Broker Inc. · James Ward · 603-448-8000

10,660 ft²|Built 1950|Lebanon

Property Description

Buyers searching Lebanon, New Hampshire will want a look at 240 Meriden Road — a residential income asking $1,600,000. It features 10,660 square feet of living space. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. Also on the sheet: 1950 construction and roughly $150 per square foot. Everything below — photos, details, schools and market data — updates live from the MLS.

Former Keene Medical Complex Mixed Use, 3 Buildings, 1200 Road Frontage, 7 acres. Corporate headquarters or prime income investment property.(projected cap 10.5%- 12%) 3 buildings with Offices, display and retail showroom, service and repair area, receiving and storage. Additional land with extensive road frontage. Easy potential subdivision for 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.

Location Highlights

240 Meriden Road is a residential income in Lebanon, New Hampshire, listed at $1,600,000. That works out to about $150 per square foot, for a home built in 1950. It has been on the market for 2 months.

From here it is 28.6 miles to Downtown Plymouth / Main Street and 33.6 miles to Owl's Nest Resort. At this latitude, Lebanon averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.

Property Details

Essentials & finishes

  • SqFt:10,660
  • Price / SqFt:$150.09
  • Property Type:Residential Income
  • Year Built:1950
  • County:NH-Grafton
  • Town:Lebanon, NH
  • Status:Active
  • Days on Market:67

Primary Features

CountyNH-Grafton
Property TypeResidential Income
Year Built1950
ZoningComm by grandfather rgts

Interior Features

BasementYes
Basement Access TypeWalkout
Basement DescriptionClimate Controlled, Concrete, Concrete Floor, Exterior Entry, Basement Stairs
CoolingCentral Air, None
Electric220 Volts, Circuit Breakers
HeatingBaseboard, Direct Vent, Heat Pump, None
SqFt-Approximate Finished Above Grade10,660
SqFt-Approximate Finished Below Grade1,260
SqFt Approximate Total Finished11,920
SqFt Approximate Total12,420

Financial Details

Tax - Gross Amount$24,065
Tax Year2026
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionMasonry, Vinyl Siding, Wood Exterior
CovenantsNo
EasementsNo
Flood ZoneNo
Pre-ConstructionNo
SeasonalNo
Total StoriesOne
SurveyedUnknown

External Features

Colorvaries
DrivewayPaved
FoundationConcrete, Concrete Slab
GarageNo
Lot FeaturesAlternative Lots Avail, Corner Lot, Country Setting, Landscaped, Level, Major Road Frontage, In Town
Lot - Acres7
Lot - SqFt304,920
Road Frontage TypePaved, Public Maintained Road
Road FrontageYes
Road Frontage Length1034
RoofMembrane, Metal
SewerSeptic Tank
UtilitiesCable Available, Propane
Water SourcePublic Water On-Site
Water Body TypeRiver
MLS®: PrimeMLS #5102768; Listed by Equity Group Real Estate Broker Inc. · James Ward · 603-448-8000

Property History

Estimated annual taxes for this property

YearEst. Tax
2024$27,200
2023$26,520
2022$25,840

Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.

Market Data

Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town

  • Active listings in Lebanon50
  • Average list price$613,992
  • Price range$69,900 – $2,900,000

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$10,690 / mo
  • Principal & Interest$8,090
  • Property Tax$2,267
  • Home Insurance$333

Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. 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.

Around This Property

Schools, everyday places and nearby destinations near 240 Meriden Road, Lebanon, NHSource: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

$1,600,000/ Asking Price
For SaleActive

Listed by Equity Group Real Estate Broker Inc. · James Ward · 603-448-8000

Est. $8,090 / mo20% down · 30yr · 6.5%

Owl’s Nest Real Estate estimate, not MLS data.

Tom DeMatteo

Tom DeMatteo

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Questions About This Listing

What is the asking price of 240 Meriden Road?

240 Meriden Road in Lebanon, NH is listed at $1,600,000.

That works out to about $150 per square foot.

What is the MLS number for 240 Meriden Road?

The MLS number is #5102768 (PrimeMLS), listed on July 31, 2026.

Where is 240 Meriden Road located?

The property is in Lebanon, New Hampshire (03766).

What kind of property is 240 Meriden Road?

Residential income in Lebanon, New Hampshire, built in 1950.

How big is 240 Meriden Road?

It offers 10,660 square feet of living space.

PrimeMLS

NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

This listing data is intended 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 10/06/26.