Lebanon NH For Sale $549,000

List Price:$Commercial Property
Price Change! reduced by $50,000
down 9% on January 15th 2026
$549,000 | $228 per sq.ft.
120 South Main Street Lebanon NH | Space type
MLS# 5052110
Listed by Gerry Stark RE/MAX Upper Valley on July 17th 2025
DESCRIPTION
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
Management Expense-| $0
Insurance Expense -| $0
Rail Service-| N
Net Income| 20270
Gross Income| 46200
Price per SQFT | 227.99
CONSTRUCTION
Wood Frame
Price Per SQ.FT. 227.99
Year Built: 1850
No. of Units-| 5
Basement: Storage Space | Unfinished
Roof: Asphalt Shingle
Road Frontage: 124
Electric: 200+ Amp Service | Circuit Breaker(s)
Utilities: Cable Available
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 0.2 acres
Zoned: GC)
Surveyed: Yes
SurveyedBy: Unknown
Flood Zone: No
Road Frontage: 124
ADDITIONAL INFORMATION
Transport Info: Major Road Access | Public Transportation | Paved
Taxes $12,425 | Assesed Value $577,100 in 2025

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