Listed by Keegan Rice with Badger Peabody & Smith Realty Cell: 603-348-7261
Under contract
45 Hanover Street
Lebanon NH, 03766
$3,250,000
$166.67 per sqft
Under contract
5 Baths
19,500 sqft
Commercial
Built in 1987
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.
4956580
MLSⓇ ID
June 9, 2023
Listed
October 29, 2024
Updated
Map
45 Hanover Street
Lebanon NH, 03766
Interior Features
Total Bathrooms
5
Fireplace
No
Cooling
Yes
Cooling Description
Central AC, Mini Split
Heating
Yes
Heating Description
Forced Air, Hot Water, Oil
Exterior/Building Features
Lot Size
0.22 Acres
Lot Features
Business District, Commercial Zoning, In Town, Near Shopping, Near Public Transportatn, Near Hospital
Roof
Standing Seam
Sewer
Public
Other Property Details
Area Name
NH-Grafton
Taxes
$21,267
Tax Frequency
Annually
Days on Market
210
Garage
No
View
No
Pool
No
Listing History
Date | Event | Price |
---|---|---|
3/2/2024 | Under contract | — |
1/5/2024 | Under contract | — |
Listed by Keegan Rice with Badger Peabody & Smith Realty Cell: 603-348-7261
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