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Listing Courtesy of: Cell: 603-348-7261 - Keegan Rice - Badger Peabody & Smith Realty

$3,250,000

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45 Hanover Street Lebanon, NH 03766

Other Residence

Beds

Baths

19,500 Sq. Ft.

0.22 Acre Lot

Property Activity

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Last updated on 11/28/2024 10:02 AM

Listing Details

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. Continue reading

MLS#

4956580

Property Type

Other

Year Built

1987

Square Feet

19,500 sq. ft

Price per Sq. Ft.

$166.67

Lot Size

0.22