Log In/Sign Up
Your email has been sent.
120 S Main St 2,408 SF 100% Leased Office Building West Lebanon, NH 03784 $549,000 ($227.99/SF) 8.42% Cap Rate



INVESTMENT HIGHLIGHTS
- High traffic count, major frontage and exposure in the Upper Valley's busiest business, retail corridor.
EXECUTIVE SUMMARY
Seller will entertain a leaseback or potential move to another unit if a unit is available. Seller needs time to relocate office if leaseback is not an option. 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 and adjacent to the bus stop, 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 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.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$46,200
|
$19.19
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$46,200
|
$19.19
|
| Taxes |
$12,425
|
$5.16
|
| Operating Expenses |
$13,325
|
$5.53
|
| Total Expenses |
$25,750
|
$10.69
|
| Net Operating Income |
$20,450
|
$8.49
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $46,200 |
| Annual Per SF | $19.19 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $46,200 |
| Annual Per SF | $19.19 |
| Taxes | |
|---|---|
| Annual | $12,425 |
| Annual Per SF | $5.16 |
| Operating Expenses | |
|---|---|
| Annual | $13,325 |
| Annual Per SF | $5.53 |
| Total Expenses | |
|---|---|
| Annual | $25,750 |
| Annual Per SF | $10.69 |
| Net Operating Income | |
|---|---|
| Annual | $20,450 |
| Annual Per SF | $8.49 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,408 SF
Building Class
B
Year Built/Renovated
1850/2007
Price
$549,000
Price Per SF
$227.99
Cap Rate
8.42%
NOI
$46,200
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,204 SF
Building FAR
0.28
Lot Size
0.20 AC
Zoning
GC - General Commercial
Parking
16 Spaces (6.64 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
1 1
PROPERTY TAXES
| Parcel Number | LBAN-000101-000005 | Total Assessment | $502,600 (2024) |
| Land Assessment | $233,700 (2024) | Annual Taxes | $12,425 ($5.16/SF) |
| Improvements Assessment | $268,900 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
LBAN-000101-000005
Land Assessment
$233,700 (2024)
Improvements Assessment
$268,900 (2024)
Total Assessment
$502,600 (2024)
Annual Taxes
$12,425 ($5.16/SF)
Tax Year
2025
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
120 S Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
