Price Change! reduced by $50,000 down 9% on January 15th 2026 $549,000 | $228 per sq.ft.
Commercial Property, in 120 South Main Street Lebanon NH | Space type MLS# 5052110
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Listed by Gerry Stark RE/MAX Upper Valley on
July 17th 2025
120 South Main Street Lebanon NH 03784
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DESCRIPTION
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Prime Commercial Property on Route 12A - West Lebanon, NH. Excellent location with direct access and prominent signage on Route 12A (South Main Street), with two curb cuts, in the heart of West Lebanon's retail and business corridor. Positioned directly in front of Hannaford, next to Jiffy Lube, and across from Glen Road Plaza, this high-visibility property benefits from heavy traffic flow and strong neighboring anchors. Ample parking with approximately 16 to 20 spaces. Currently configured with 5 tenant units: 2 on the first floor, 3 on the second. All tenants are on month-to-month or annual gross leases. Newer roof and updated heating system. Separate electric meters for all units (except Units 4 and 5, which share one meter). Private half baths in all units; Unit 1 features a 3/4 bath. Shared kitchenette and handicapped access between Units 1 and 2. Units 4 and 5 share a common waiting room/hallway. Flexibility for Owner-Users: The main tenant in Unit 1 is open to vacating with appropriate notice, allowing for the relocation to an alternate suitable location, allowing for a potential owner-occupied scenario or reconfiguration on the first floor. This is a versatile investment or owner-user opportunity in a highly desirable, high-traffic location. Shown by appointment only, detailed income and expenses available. The owners are licensed NH Real estate agents.
Sale Includes : Land/Building Signage-| Adequate Traffic Count-| Price per SQFT | 227.99 Net Income| 20270 Gross Income| 46200 Management Expense-| $0 Insurance Expense -| $0 Rail Service-| N
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Price Per SQ.FT. 227.99 | Year Built: 1850 Eevators 0 No. of Units-| 5 Building Size | 2408 Basement: Storage Space | Unfinished
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Roof: Asphalt Shingle Road Frontage: 124 Heating: Hot Water Cooling: Wall AC Units Electric: 200+ Amp Service | Circuit Breaker(s) Utilities: Cable Available No. of Docks | 0. No. of Drive Doors | 2408.
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LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 0.2 acres Zoned: GC Surveyed: Yes SurveyedBy: Unknown Flood Zone: No Road Frontage: 124
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Transport Info: Major Road Access | Public Transportation | Paved Taxes $12,425 | Assesed Value $577,100 in 2025 |