24 Labombard Rd Lebanon, NH 03766

This commercial property in Lebanon, NH, encompasses 50.6 acres, with 3 acres currently zoned INDL and GC zoning pending in spring 2026. The property is suitable for retail, hotel, office, R&D, medical, and multi-family development, with MF density subject to planning board review. A 60 ft height allowance is available by special exception, with 55 ft allowed by right. An additional 47 acres are subject to a conservation easement, which can be used to satisfy the building coverage ratio of 30%, as well as setbacks. Benefits of the easement land include recreation, timber reserve, agriculture, view amenity, and hiking. The site is located 3 miles from Dartmouth Medical Center and 5 miles from Hanover and the Dartmouth campus. According to a planning staff report, many area R&D and BioTech users are looking to expand, with few alternative site options available. The property features sloping and mixed soils, with no wetlands observed. Town water is available at the road, and sewer is approximately 200 ft away, gravity fed. There is potential to move the building envelope forward roadside, offering partial exposure from Rt. 120 and views to the south and west. A 2-bedroom house in dated but good condition, along with a barn, are on-site and available for rental income. The Upper Valley is known as a biotech hub, with Dartmouth spin-offs. Centerra Business Park is located 2 miles north and is fully built out. The city was named by Forbes in 2008 as the number one least vulnerable mid-size city in the US.