45 Hanover StreetLebanon, NH 03766MLS Number 4956580

  • Price: $3,250,000
  • 314 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
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Active with Contract
45 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 0376645 Hanover Street Lebanon NH 03766
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  • 0.22Acreage
  • 1987Year Built
  • 19,500Square Feet
  • 06/09/2023Date Price Change

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Listed by Keegan Rice of Badger Peabody & Smith Realty (Cell: 603-348-7261)
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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Tax Information

  • Tax Year2023

Building

  • Year Built1987
  • ConstructionMasonry, Steel Frame
  • NumberOfUnitsInCommunity5
  • FoundationConcrete
  • Square Feet19,500

Exterior

  • ExteriorBrick
  • RoofStanding Seam

Utilities

  • FuelOil
  • Heating CoolingForced Air, Hot Water

Basic Information

  • StatusActive With Contract
  • Modification Date03/02/2024
  • TypeBusiness, Development, Hospitality, Investment, Office, Opportunity, Retail
  • List Price$3,250,000
  • Broker NameBadger Peabody & Smith Realty
  • Listing Agent NameKeegan Rice
  • Lister Office NameBadger Peabody & Smith Realty
  • MLS Number4956580
  • MLS StatusActive Under Contract

Amenities

  • PricePerSqFt166.67

Other

  • AC percent100
  • Transport AccessCity Street, Near Airport
  • Date Listed06/09/2023
  • View Count51

Location

  • Building Number45
  • StreetHanover Street
  • TownLebanon
  • StateNH
  • Zip03766
  • CountyGrafton
  • Map91

Property

  • Acreage0.22
  • Property TypeCommercial Sale
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Near Hospital
    • Near Public Transportatn
    • Near Shopping
  • Lot Sqft9,583
  • Road Frontage371
  • Traffic Count11000
LindeMac Real Estate
LindeMac Real Estate
Office: 603-643-4900
44 South Main Street
P.O. Box 5244
Hanover, NH 03777

Lebanon, NH Schools

School NameDistanceTypeGrades

Lebanon, NH Real Estate Market Data

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Lebanon, NH Demographics

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School, Market, Demographic, and Walkability Data all provided by Faraday

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is 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 April 17, 2024 10:08 PM EDT

 

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