45 Hanover ST Under Contract Save Request In-Person Tour Request Virtual Tour
Lebanon,NH 03766
Key Details
Property Type Commercial
Sub Type Business,Development,Hospitality,Investment,Office,Opportunity,Retail
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4956580
Year Built 1987
Annual Tax Amount $21,267
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
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.
Location
State NH
County Nh-grafton
Area Nh-Grafton
Zoning LD
Interior
Heating Oil
Cooling Central AC,Mini Split
Inclusions Equipment,Land/Building/Business
Equipment Smoke Detectr-HrdWrdw/Bat,Sprinkler System
Exterior
Utilities Available Cable
Roof Type Standing Seam
Building
Foundation Concrete
Sewer Public