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Granite Northland Associates
Serving Mascoma Lake Area
Call 603-523-7200

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  • List Price:$
    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
  • 5052110 property image 1

  • 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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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 May 30th, 2026
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