Property profile

17 12th Lebanon St Hanover, NH 03755

OFF-MARKET
Office buildings
Property ID
US58-0379141
7,262 SF 0.09 ac lot Built 1987
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional second-floor office space, located in the heart of Hanover, New Hampshire's vibrant downtown, offers 1000 square feet of versatile commercial space. The layout is thoughtfully designed with two expansive areas and a dedicated private office, providing ample room for various business needs. The space is easily accessible via elevator, a significant advantage for clients and employees. One off-street parking space is included, a rare find in this desirable location. The building's prime downtown position ensures excellent visibility and exposure for your business, attracting potential customers and enhancing your professional image. This is an ideal opportunity for businesses seeking a well-appointed, convenient, and highly visible office space in the thriving Hanover community. The lease terms are flexible and negotiable, making this an attractive option for a variety of businesses. The property is ready for immediate occupancy, allowing you to quickly establish your presence in this sought-after area. Don't miss this chance to secure a fantastic office space in the heart of Hanover. Contact us today to schedule a viewing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction STEEL FRAME
Total area 7,262 SF
Lot 0.09 ac (3,777 SF)
Zoning code D1
APN HNOV M:034 B:058 L:001
UPID US58-0379141

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
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Restaurant
  • Bank Credit Union

Location

17 12th Lebanon St Hanover, NH 03755-2184
Hanover metro Census 961604 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
$1.44M
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.07M

Owner & transaction history

since 2004
1 recorded transaction
2004
$1.9M

Zoning & alternative use

D1 · Hanover, NH

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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