Properties

Property Description

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.

Property Details
Active Under Contract
$21, 267
2023
0
LD
9, 583 Sqft
No
$167
371
Yes
Location
45 Hanover Street
NH-Grafton
US
NH
Lebanon
03766
NH-Grafton
No
Exit 18 off I-89. Route 120 to Hanover Street. Property is on Left.
Exterior
Masonry, Steel Frame
Concrete
Standing Seam
0
City Lot, Corner, Neighbor Business, Street Lights
Room Details
Equipment, Land/Building/Business
Utilities
Public
: Hot water, Forced air
: Central Ac, Mini Split
Public
3 Phase
Oil
Cable
Listing Info
Keegan
Rice
Badger Peabody & Smith Realty
Cell: 603-348-7261
03/02/2024 07:00:58

For Sale

45 Hanover Street, Lebanon, New Hampshire 03766

0.22 Acre
$3,250,000
MLS # 4956580
Basic Info
Badger Peabody & Smith Realty
Keegan Rice
Property Type :
Listing Type : For Sale
Price : $3, 250, 000
Lot Area : 0.22 Acre
Year Built : 1987
MLS # : 4956580
Days On Market : 210
Agent info
Cowan & Zellers
Contact Agent