Commercial for Sale: 45 Hanover Street, Lebanon, NH 03766

45 Hanover Street, Lebanon, NH 03766
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Type Commercial
Lot Size 0.22 acres
Year Built 1987
Taxes Paid $20,672

City Lebanon
County Grafton

MLS 4956580
Status Active
DOM 107 days
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.

Lot & Building Features

Utilities Cable
Construction Masonry, Steel Frame
Cooling Central AC, Mini Split
Heat Source Oil
Heating Forced Air, Hot Water
Sewer Public
Tax Year 2022
Taxes Paid $20,672
Water Public
Foundation Concrete
Lot Description City Lot, Street Lights, Neighbor Business, Corner
Roof Standing Seam
Exterior Brick

Price History of 45 Hanover Street, Lebanon, NH

Date Name Price Difference
06/09/2023 Listing Price $3,250,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 45 Hanover Street, Lebanon, NH

Location Map Street View Walk Score
Photo of Jennifer Bowles
Direct: 603-660-2876
116 Lovering St
Manchester, NH 03109
Listed by Badger Peabody & Smith Realty, Keegan Rice 603-823-5700
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Badger Peabody & Smith Realty

Copyright 2023 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 09/24/2023