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Multi Family Home $1,600,000 | $150 per sq.ft.
3 Unit Multi Family Home,
240 Meriden Road Lebanon NH
With 1 - One Bedroom Units | 1 - Two Bedroom Units | 1 - Three Bedroom Units
| MLS# 5102768 -
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Listed by James Ward Equity Group Real Estate Broker Inc. on July 31st 2026
DESCRIPTION
Former Keene Medical Complex Mixed Use, 3 Buildings, 1200 Road Frontage, 7 acres. Corporate headquarters or prime income investment property.(projected cap 10.5%- 12%) 3 buildings with Offices, display and retail showroom, service and repair area, receiving and storage. Additional land with extensive road frontage. Easy potential subdivision for 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.
Gross Income : $112000 -
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CONSTRUCTION
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Masonry | Vinyl Siding | Wood Exterior Exterior Color : varies
Year Built: 1950
No. of Floors: 1
Total Sq.Ft. Finished: 11920
Above Grade Sq.Ft.: 10660
Below Grade Sq.Ft.: 1260
Price Per SQ.FT.: $150.09
Basement: Climate Controlled | Concrete | Concrete Floor | Exterior Access | Basement Stairs
Heating: Baseboard | Direct Vent | Heat Pump | None
Cooling: Central AC | None
Electric: 220 Volt | Circuit Breaker(s)
Utilities: Cable Available | Propane
Electric Meters:
Style: Freestanding | Other
Roof: Membrane | Metal
Water: Public Water On-Site
Sewer: Septic
Seasonal: No
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LAND INFORMATION
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Alternative Lots Avail | Corner | Country Setting | Landscaped | Level | Major Road Frontage | In Town
Lot size: 7 acres
Zoned: Comm by grandfather rgts)
Surveyed: Unk
Flood Zone: No
Road Frontage: 1034
Driveway: Paved
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ADDITIONAL INFORMATION
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Docs Available : Building Permit | Deed | Plot Plan
Taxes $24,065 | Assesed Value $0 in
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AREA INFORMATION
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