Property profile

84 Hanover St Lebanon, NH 03766

OFF-MARKET
Office buildings
Property ID
US58-0180292
5,383 SF 0.42 ac lot Built 1890
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office space, located at 84 Hanover Street in the heart of historic Lebanon, New Hampshire, presents a unique opportunity for businesses seeking a blend of affordability and character. The property boasts 1479 square feet of finished space situated on the lower level of a historic building. The layout includes a dedicated conference room, perfect for client meetings or internal collaborations, and a convenient three-quarter bathroom. A private entrance ensures both privacy and easy access for clients and employees. Ample parking is available, eliminating the common downtown parking challenges. The space is ideal for a startup company or a small business looking to establish a professional presence in a vibrant community. Heating and electricity are included in the monthly rental price of $1500, making budgeting simple and predictable. The 0.42-acre lot provides additional space and potential for future expansion. This property offers a rare combination of historical charm, modern convenience, and exceptional value in a prime downtown location. Don't miss this chance to secure your business's future in this desirable and well-situated office space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Construction FRAME
Total area 5,383 SF
Lot 0.42 ac (18,295 SF)
Zoning code LD
APN LBAN M:91 B:210 L:
UPID US58-0180292

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
  • Employment Agency
  • Law Firm

Location

84 Hanover St Lebanon, NH 03766-1038
Lebanon metro Census 961802 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$320k
Blend (final) Blend
$635k

Owner & transaction history

since 2023
Last sale
$600,000
4 recorded transactions
2023
$600,000
2013
Price N/A
2013
Price N/A
1969
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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