Property profile

11 Eldridge St Lebanon, NH 03766

OFF-MARKET
Office buildings
Property ID
US58-0416701
9,276 SF 0.78 ac lot Built 1909
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 14,700 square foot office building in Lebanon, NH presents a fantastic ground floor leasing opportunity. Ideally situated on a 0.78-acre lot, this recently renovated property offers convenient access to downtown Lebanon's vibrant amenities, including a wide array of restaurants and shops. The building features two available office suites, one measuring approximately 1,200 square feet and the other approximately 1,600 square feet. These suites are separated by a shared hallway, which also houses two conveniently located restrooms with heating and cooling. A shared kitchen/breakroom provides a comfortable common area for tenants. The property boasts ample parking on a level lot, ensuring convenient access for employees and clients. Its prime location and recent renovations make this an attractive option for businesses seeking a well-maintained and easily accessible office space in the heart of Lebanon. The building's size and layout offer flexibility for a variety of business needs, making it an ideal choice for companies seeking a modern and functional workspace. The convenient location and ample parking are key advantages in a bustling downtown area. This is a rare opportunity to secure a well-appointed office space in a highly desirable location. The asking price is $14 million.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1909
Total area 9,276 SF
Lot 0.78 ac (33,977 SF)
Zoning code LD
APN LBAN M:91 B:289 L:
UPID US58-0416701

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company
  • Dental Office

Location

11 Eldridge St Lebanon, NH 03766-1022
Lebanon metro Census 961802 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M

Owner & transaction history

since 2018
2 recorded transactions
2018
$295,000
2015
Price N/A

Zoning & alternative use

LD · Lebanon, NH
Zoning description

SECTION 307 LEBANON DOWNTOWN DISTRICT (LD). 307.1 Purpose. The purpose of the Lebanon Downtown District is to provide in- town areas for retail and service businesses, banks, offices, and government facilities in downtow…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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