190 Hanover Street Extension

Office for Sale
Catylist Listing ID: 30804949
Property Subtypes: Office Building
Building Size (RSF): 5,825 SF
Gross Building Area: See Agent
Sale Price: $995,000
Unit Price: $170.82 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/16/2024

Overview / Comments

Centrally located Class A brick office building in the heart of Lebanon, NH, with an easy walk to the downtown area. Recently renovated, historic building.

A long time tenant currently occupies the lower two (2) floors, approximately 2,934 SF, or 65.48% of the total rentable area.

Leasable or owner occupied 3rd floor of approximately 1,547 SF is divided nicely into several individual offices with the opportunity to lease to multiple tenants.

The third floor has had substantial renovations to make it a first class office space.

More than ample parking on three (3) sides of the building.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $19,875 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 48-5
Zoning: RO 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,377 15,081 29,129
Median Age: 37.27 38.82 37.37
Households: 2,199 6,890 11,695

Contact

Photograph of Listing Agent

Cameron Brown

Lang McLaughry Commercial Real Estate
NECPE Member
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