This highly visible and well-known property offers a range of benefits and possibilities for the savvy investor. Included in the sale is the building itself, a fully operational and successful pizza restaurant complete with business assets and furniture, fixtures, and equipment (FF&E). Additionally, three other tenants are already in place, providing immediate rental income. Two of these tenants are tenants-at-will (TAW), while one has a lease in effect until July 2024. Coordinate long-term lease extensions with existing tenants or take advantage of the property's versatility and use it according to your needs and vision. Featuring exceptional visibility and accessibility, with an impressive 11,000 car traffic count. This ensures that your business will receive maximum exposure, attracting a steady stream of potential customers. Additionally, the building, constructed in 1987, boasts modern features that make it suitable for a wide range of uses, providing flexibility for future ventures. The property is strategically located amidst ample public parking, which greatly supports both tenants and customers. The pizza restaurant within the building is a true gem, generating exceptional cash flow. It includes a full bar known as the "Cave," adding a unique and enticing element to the establishment. The restaurant has a proven record of historical performance, and there are ample opportunities for further growth and success under new stewardship.
Lot & Building Features
UtilitiesCable
ConstructionBrick Exterior, Steel Frame, Masonry
CoolingCentral AC, Mini Split
Heat SourceOil
HeatingForced Air, Hot Water
SewerPublic
Tax Year2023
Taxes Paid$21,267
WaterPublic
FoundationConcrete
Lot DescriptionCity Lot, Street Lights, Neighbor Business, Corner
RoofStanding Seam
Price History of 45 Hanover Street, Lebanon, NH
Date
Name
Price
Difference
06/09/2023
Listing Price
$3,250,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
45 Hanover Street (MLS #4956580) is a commercial listing located in Lebanon, NH.
This commercial listing is on a lot of 9,583 sqft (or 0.22 acres) and is 37 years old. This property was listed on 06/09/2023 and has been priced for sale at $3,250,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Badger Peabody & Smith Realty
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/18/2024