$1,600,000 | $211 per sq.ft.
Commercial Property, in 240 Meriden Road Lebanon NH | Space type Former keene medical supply subdivision, MLS# 5074880
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Listed by James WardEquity Group Real Estate Broker Inc. on January 23rd 2026
240 Meriden Road Lebanon NH 03766
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DESCRIPTION
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Corporate headquarters or prime income investment property. 3 buildings with Offices, display and retail showroom, service and repair area, receiving and storage. Additional land with extensive road frontage. Easy potential subdivision of house lots. Potential to subdivide or condo the commercial buildings. On 7 acres, frontage at road grade. Main building - 2 levels. Ground level 3700 sf. office and product display. Good street visibility. 3700 SF lower walk out. Mostly finished. Used for Storage and repair. Post and beam 4800 2 story barn with drive through. Good road visibility. Corner lot location. Repair/storage building 2160 sf. Multiple uses under flexible grandfather use rights. 734 feet on Rt. 120. 300 feet on Storrs Hill Rd. Ample paved parking area. Natural area backs up to Great Brook. No wetlands observed, No flood plain per town map. 2 miles south of center of town. R3 zone. All building in excellent condition and updated. Projected cap 8% or 12.75% after extra land spin off.
Sale Includes : Additional Buildings | Barn | Land/Building | Building
Signage-| Adequate
Traffic Count-|
Price per SQFT | 210.80 Net Income| 0
Management Expense-| $0
Insurance Expense -| $0
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FEATURES AND DETAILS
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| Price Per SQ.FT. 210.80 | Year Built: 1955
Eevators 1
No. of Units-| 3
Building Size | 7590
Available SQFT | 14540
Divisable SQFT | Yes
Divisable SQFT Min | 2000
Basement: Concrete Floor | Daylight | Finished | Exterior Access
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Sprinkler | Dry.
Roof: Membrane
Road Frontage: 1134
Utilities: Cable at Site | Propane
No. of Docks | 0.
No. of Drive Doors | 7590.
AC % | 50.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 6.9 acres
Zoned: R-2 w/grandfather rights
Road Frontage: 1134
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Docs Available : Deed
Taxes $24,065 | Assesed Value $1,117,750 in 2024 |
