120 S Main St - Medical FOR SALE


West Lebanon, NH 03784
$549,000 USD
603-298-8900
120 S Main St, West Lebanon, NH for Sale
$549,000 USD
Medical - FOR SALE
1/14
null | 8.42% Cap Rate

120 S Main St
West Lebanon, NH 03784


HIGHLIGHTS

  • High traffic count, major frontage and exposure in the Upper Valley's busiest business, retail corridor.

OVERVIEW

Seller will entertain a leaseback or potential move to another unit if a unit is available. Seller needs time to relocate office if leaseback is not an option. Prime Commercial Property on Route 12A – West Lebanon, NH. Excellent location with direct access and prominent signage on Route 12A (South Main Street), with two curb cuts and adjacent to the bus stop, in the heart of West Lebanon's retail and business corridor. Positioned directly in front of Hannaford, next to Jiffy Lube, and across from Glen Road Plaza, this high-visibility property benefits from heavy traffic flow and strong neighboring anchors. Ample parking with approximately 16 spaces. Currently configured with 5 tenant units: 2 on the first floor, 3 on the second. All tenants are on month-to-month or annual gross leases. Newer roof and updated heating system. Separate electric meters for all units (except Units 4 and 5, which share one meter). Private half baths in all units; Unit 1 features a 3/4 bath. Shared kitchenette and handicapped access between Units 1 and 2. Units 4 and 5 share a common waiting room/hallway. Flexibility for Owner-Users: The main tenant in Unit 1 is open to vacating with appropriate notice, allowing for the relocation to an alternate suitable location, allowing for a potential owner-occupied scenario or reconfiguration on the first floor. This is a versatile investment or owner-user opportunity in a highly desirable, high-traffic location. Shown by appointment only, detailed income and expenses available. The owners are licensed NH Real estate agents.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

8.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1850

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

GC

APN/PARCEL ID

LBAN-000101-000005

ASK ABOUT THIS PROPERTY

Gerry StarkRe/max Upper Valley PartnersMore Info
603-298-8900

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Gerry StarkRe/max Upper Valley PartnersMore Info
603-298-8900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.