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    181 Mechanic St Lebanon, NH 03766

    Sponsored
    For Sale
    $399,900

    Downtown Lebanon, versatile space, great location.

    Property size:
    3,763 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 3,763 square foot property, located at 181 Mechanic Street in the heart of Lebanon, NH, presents a unique investment opportunity. Situated on a 0.23-acre lot in a General Commercial zone, this versatile building offers significant potential for a variety of uses. Currently configured as a residential home, the property's adaptable layout makes it ideal for conversion to a commercial space. The main floor boasts 1,112 square feet of usable area, while the upper level provides an additional 834 square feet. A significant advantage is the walk-out lower level, offering another 1,112 square feet of space, complemented by a 252 square foot attached garage. This provides ample room for storage, expansion, or additional functionality. The property's prime location between two established businesses in downtown Lebanon ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving commercial area. The asking price is $399,900. This property is ready for its next chapter, whether as a thriving business location or a unique residential conversion. Don't miss this chance to acquire a versatile property in a desirable downtown location.

    Property Features for 181 Mechanic St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,763 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Horsth Plastering Dry Wall Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Grafton
    State
    New Hampshire
    Longitude
    -72.2685
    Latitude
    43.63825

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Lebanon, versatile space, great location.
    Where is this commercial real estate located?
    The property is located at 181 Mechanic St Lebanon, NH.
    What is the asking price?
    The asking price for this property is $399,900.
    Request Owner's contact information
    181 Mechanic St Lebanon, NH 03766
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    Lebanon, NH 03766
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    181 Mechanic St Lebanon, NH 03766
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