logo

603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$549,000

Price Change! reduced by $50,000 on January 15th 2026
MLS# 5052110
0 sq.ft. Bedroom | 0 Bathroom
Commercial
120 South Main Street Lebanon NH
 
Price Change! reduced by $50,000 on January 15th 2026
$549,000 | $228 per sq.ft. Commercial Property, 120 South Main Street Lebanon NH | Space type MLS# 5052110


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
Signage-| Adequate
Price per SQFT | 227.99 Net Income| 20270
Gross Income| 46200
Management Expense-| $0
Insurance Expense -| $0
Rail Service-| N


FEATURES AND DETAILS

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
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.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 0.2 acres
Zoned: GC
Surveyed: Yes
SurveyedBy: Unknown
Flood Zone: No
Road Frontage: 124
Transport Info: Major Road Access | Public Transportation | Paved
Taxes $12,425  | Assesed Value $577,100 in 2025
15 Buck Rd. Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

Prime MLS Logo Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 1st, 2026

nharlogo PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents. Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd

NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf