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    Property profile

    2 Park St Lebanon, NH 03766

    OFF-MARKET
    Office buildings
    Property ID
    US58-0289383
    25,969 SF 0.22 ac lot Built 1882
    Entity Owned 25-yr Hold Free & Clear
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    Property summary

    AI-generated overview

    The property at 2 South Park Street is a historic building totaling approximately 8,105 square feet and is located in Lebanon, less than one mile from Exit 18 on I-89, with views overlooking the Green. The building includes on-site parking, and there is nearby street parking provided by the municipality. The building is configured as a leased commercial property, indicating it is suitable for an investment use, with tenancy covering the space in its existing layout.

    Property profile

    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1882
    Construction FRAME
    Total area 25,969 SF
    Lot 0.22 ac (9,583 SF)
    Zoning code LD
    APN LBAN M:91 B:233 L:
    UPID US58-0289383

    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
    • Law Firm
    • Marketing & Advertising Advertising Agency
    • Nightclub Bar & Pub
    • Physician
    • Marketing & Advertising Printing Service
    5 occupants on record

    Location

    2 Park St Lebanon, NH 03766-1394
    Lebanon metro Census 961802 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.33M
    Blend (final) Blend
    $2.50M

    Owner & transaction history

    since 2001
    2 recorded transactions
    2019
    Price N/A
    2001
    $1.1M

    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

    Comparable in this City

    • Value Estimation
      $650,000
      3,902 SF
      254 Dartmouth College Hwy
      OFFICE BUILDING
      254 Dartmouth College Hwy, Lebanon, NH 03766-1170
      View Details
    • Value Estimation
      $675,000
      4,767 SF
      6 Park St
      OFFICE BUILDING
      6 Park St, Lebanon, NH 03766-6323
      View Details
    • Value Estimation
      $535,000
      3,807 SF
      44 School St
      OFFICE BUILDING
      44 School St, Lebanon, NH 03766-1663
      View Details
    • Value Estimation
      $545,000
      6,521 SF
      79 Hanover St
      OFFICE BUILDING
      79 Hanover St, Lebanon, NH 03766-1000
      View Details
    • Value Estimation
      $2,930,000
      30,745 SF
      20 Park St
      OFFICE BUILDING
      20 Park St, Lebanon, NH 03766-1378
      View Details
    • Value Estimation
      $655,000
      5,457 SF
      2 Park St
      OFFICE BUILDING
      2 Park St, Lebanon, NH 03766-1384
      View Details

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    • $1,600,000
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    Similar Nearby for Lease

    • New
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      Compact downtown office suite with a private entrance and all utilities included for convenient monthly occupancy.
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    • New
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    • Contact for pricing
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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