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Property profile & analytics

15 Lebanon St Hanover, NH 03755

  • Retail properties
  • 5,262 SF
  • 0.09 lot acres
Value Estimations
Cap Rate Potential
9.2%
Retail properties
Location Intelligence
Property ID
US58-0357073
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Grassroot Soccer / Non-Profit Organization
  • Vocate / Employment Agency / Software Company
  • Duende / Tapas Bar

Property Details for 15 Lebanon St

Year built
1880
Construction
FRAME
Lot size
0.09 lot acres
Property size
5,262 SF
Zone code
D1
Property type
Retail properties
APN
HNOV M:034 B:041 L:001
APU
HNOVM034B041L001

Description

15 Lebanon Street presents a rare opportunity to acquire a landmark Hanover property. This meticulously renovated building, boasting 5,262 square feet on a 0.09-acre lot, offers exceptional versatility. Its rich history, spanning nearly 150 years, includes a prominent role as a community gathering place and a beloved upscale clothing store. The interior features spacious, elegant open areas on both the main and second floors, complemented by more intimate spaces. A dramatic central staircase and a light-filled atrium skylight create a stunning architectural focal point. The adaptable layout is ideal for a variety of uses, including retail, office, studio, culinary, event spaces, or even residential conversion. The raised lower level, historically occupied by successful cafes and restaurants, provides additional potential. Significant upgrades, including updated building mechanicals and HVAC systems, were completed during the 1990s renovation. This prime downtown location offers unparalleled convenience, with easy walking access to all Hanover amenities and situated directly across the street from Dartmouth College's Hopkins Center and Black Family Visual Arts Center. Priced at $3,250,000, this property represents a unique investment in a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $610,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $935,000
    6.5%
    $865,000
    7%
    $800,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $721,000
    Market price range: $229k - $721k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $870,000
    Current use
    OFFICE BUILDING
    $1,070,000
    Change: +23% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hanover
County
Grafton
State
New Hampshire
Longitude
-72.2876
Latitude
43.7007
CBSA code
30100
CBSA name
LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$20,748
$528,400
$637,900
$1,166,300
-
$0.00
$0.00
$0.00
More about this property
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