- beds
- —
- baths
- —
- sq ft
- —
- Built
- 1955
240 Meriden Road
Lebanon, NH 03766
Commercial Sale · Active · MLS #5074880
Listing Courtesy of Equity Group Real Estate Broker Inc. | James Ward
The home
About this home
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 rate 10% to 12% net with spin off extra land.
Property information
Details at a glance
Building4 property facts
- Style
- Other
- Year built
- 1955
- Foundation
- Block
- Roof
- Membrane
Land & utilities5 property facts
- Lot size
- 6.9 acres
- Water
- Public
- Sewer
- Holding Tank
- Waterfront
- Y
- Zoning
- R-2 w/grandfather rights
Financial2 property facts
- Annual taxes
- $24,065
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $1,600,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$10,096 / monthAdjust
- Principal & interest
- $8,090
- Property tax
- $2,005
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $24,065. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
- New
$1,600,000 · Jul 31, 2026
Compare with confidence
Price & market context
See how this home compares with active listings in Lebanon.
| Metric | This home | Local listings |
|---|---|---|
| List price | $1,600,000 | $1,185,00035% above local |
| Price / sq ft | — | — |
| Days on market | 194 | 13643% above local |
Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.
Keep exploring
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Common questions
About 240 Meriden Road
Can I request a private showing?
Request a tour of 240 Meriden Road and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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