Peak Property Group Vermont Real Estate

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$3,250,000
531 Days On Site

45 Hanover Street
Lebanon, NH 03766

For Sale|Business|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
19,500
SqFt
$167
/SqFt
1987
Built
County:
NH-Grafton
Listing courtesy of Keegan Rice of Badger Peabody & Smith Realty

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(802) 353-1604
45 Hanover Street45 Hanover Street45 Hanover Street45 Hanover Street
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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.

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Listing Snapshot
Price 
$3,250,000
Days On Site 
531 Days
Bedrooms 
N/A
Inside Area (SqFt) 
19,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1987
MLS® Number 
4956580
Status 
Active Under Contract
Property Tax 
$21,267
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
21 hours agoListing updated with changes from the MLS®
9 months agoStatus changed to Active Under Contract
a year agoListing first seen on site
General Features
Acres 
0.22
Property Sub Type 
Business
Sewer 
Public Sewer
SqFt Total 
19500
Utilities 
Cable Available
Water Source 
Public
Zoning 
LD
Interior Features
Cooling 
Central Air
Heating 
Forced AirHot Water
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Exterior Features
Construction Details 
BrickFrame
Lot Features 
Corner Lot
Listing courtesy of Keegan Rice of Badger Peabody & Smith Realty



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Data Last Updated: 2024-10-15 07:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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