MLS#5074880
STATUSActive
PROPERTY TYPECommercial - Investment
Listing Courtesy of:
Equity Group Real Estate Broker Inc.
Agency Phone: 603-448-8000
Associate Name: 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 Features
Property Type: Commercial - Investment
Basement: Yes
Basement: Concrete Floor, Daylight, Finished, Exterior Access
Lot Size: 6.90 Acres
Roof Type: Membrane
Taxes: $24,065
Year Built: 1955
Feature Descriptions
Basement Access: Walkout
Commercial Features: Fire System, Security System, Smoke/Heat Detectors
Days on Site: 138
Door Height: 8
Foundation: Block
Lot: In Town, Near Public Transportatn, Alternative Lots Avail, Corner, Level, Major Road Frontage, Neighbor Business, Open, River Frontage
Parking: Driveway, On-Site, Parking Spaces 11 - 20, Paved
Road Frontage: 1134
Sale Inclusions: Additional Buildings, Barn, Land/Building, Building
Sewer: Holding Tank, Leach Field, Existing Leach Field
Units: 3
Water: Public, Public Water On-Site
Zoning: R-2 w/grandfather rights
Listed By / Shown By
Listed By
Agency Name: Equity Group Real Estate Broker Inc.
Agent Name: James Ward
Agency Phone: 603-448-8000
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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240 Meriden Road | MLS# 5074880
This commercial property located at 240 Meriden Road, Lebanon, NH 03766 is currently listed for sale with an asking price of $1,600,000. Search Lebanon real estate on www.masiellogrouprealestate.com today.