11 Eldridge StLebanon, NH 03766

Property Details for 11 Eldridge St

Year built

1909

Lot size

0.78 AC

Property size (Sq ft)

9,276 SF

Zone code

LD

Property type

Office buildings

APN

LBAN M:91 B:289 L:

APU

LBANM91B289L

Description

This exceptional 14,700 square foot office building in Lebanon, NH presents a fantastic ground floor leasing opportunity. Ideally situated on a 0.78-acre lot, this recently renovated property offers convenient access to downtown Lebanon's vibrant amenities, including a wide array of restaurants and shops. The building features two available office suites, one measuring approximately 1,200 square feet and the other approximately 1,600 square feet. These suites are separated by a shared hallway, which also houses two conveniently located restrooms with heating and cooling. A shared kitchen/breakroom provides a comfortable common area for tenants. The property boasts ample parking on a level lot, ensuring convenient access for employees and clients. Its prime location and recent renovations make this an attractive option for businesses seeking a well-maintained and easily accessible office space in the heart of Lebanon. The building's size and layout offer flexibility for a variety of business needs, making it an ideal choice for companies seeking a modern and functional workspace. The convenient location and ample parking are key advantages in a bustling downtown area. This is a rare opportunity to secure a well-appointed office space in a highly desirable location. The asking price is $14 million.

• CAP approach

  CAP return

  Valuation

  6%

  $1,691,935

  6.5%

  $1,561,786

  7%

  $1,450,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,213,637

  Geo Method

  $1,212,002

• Alternative Use

  Use

  Valuation

  Residential

  $1,936,614

  Hospitality

  $1,773,928

  Educational

  $1,475,888

  Medical

  $1,526,646

  Retail

  $2,295,825

Location Insight

City

Lebanon

County

Grafton

State

New Hampshire

Latitude

43.6456

Longitude

-72.2545

CBSA code

30100

CBSA name

LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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