240 Meriden Road Lebanon, NH
$1,600,000
Acres 6.90
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.
Listed by Equity Group Real Estate Broker Inc., James Ward
Details
MLS 5074880
Price $1,600,000
Status Active
DOM 199 days
Type Commercial
Lot Size 6.90 acres
Year Built 1955
Taxes Paid $24,065
Lot & Building Features
Utilities Cable at Site, Propane
Parking Description Parking Spaces 11 - 20, Paved, On-Site, Driveway
Sewer Holding Tank, Existing Leach Field, Leach Field
Tax Year 2025
Taxes Paid $24,065
Water Public Water On-Site, Public
Basement Description Daylight, Finished, Exterior Access, Concrete Floor
Foundation Block
Lot Description Alternative Lots Avail, Neighbor Business, Major Road Frontage, Near Public Transportatn, Corner, In Town, Open, Level
Roof Membrane
Map
Get Directions
Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

