195 Mechanic Street Lebanon, NH 03766


Listed by Jeffrey Milne of Coldwell Banker Lifestyles

Call Four Seasons Sotheby's International Realty Real Estate for more information.

0 units / 0 bed / 5,533 sqft.

Lot Size: 1.32 acres

Price/SF: $154

MLS #: 4604326


Property Description

INCOME / DEVELOPMENT OPPORTUNITY! This mixed-use income property includes an apartment/office building with (3) leased apartment units and a small office fronting directly on Mechanic Street, as well as a separate 3,400 SF commercial building situated at the rear of the site which is leased by a home improvement contractor. The 1.32+/- acre site has 215+/- feet of frontage on heavily traveled Mechanic Street (14,000 vpd) in an active commercial zone between Lebanon, Interstate I-89 and West Lebanon. Approximately half of the lot is paved affording parking for 100+/- vehicles on site and the potential introduction of additional structures or income sources. This property is suitable for the individual investor seeking a proven revenue stream or an owner/developer who can utilize a portion of the property while benefitting from the income generated by the adjacent uses. For financial information and to arrange a showing of the property, please contact the listing agent.


  • Property Type: Multi-Family
  • Acreage: 1.32
  • Zoning: General Commercial (GC)
  • Road Frontage: 215
  • Driveway: Common/Shared, Paved
  • Roads: Paved, Public
  • Lot description: Major Road Frontage, Neighbor Business, Rental Complex


  • State: NH
  • Street: Mechanic Street
  • Building Number:
  • Zip Code: 03766
  • County: NH-Grafton
  • Town: Lebanon
  • Elementary School:
  • Junior High:
  • High School:


  • Square Feet: 5,533
  • APX Fin Ag SqFt: 5,533
  • Year Built: 1930
  • Total Units: 0
  • Total Rooms: 0
  • Bedrooms: 0
  • Total Bathrooms: 0.0
  • Foundation: Concrete
  • Basement: Concrete Floor, Stairs - Interior, Storage Space
  • Construction: Existing, Wood Frame
  • Unit1 Bedrooms: 3
  • Unit1 Bathrooms: 2
  • Unit2 Bedrooms: 2
  • Unit2 Bathrooms: 2
  • Unit3 Bedrooms: 1
  • Unit3 Bathrooms: 1
  • Unit4 Bedrooms:
  • Unit4 Bathrooms: 1


  • Heating: Radiator, Steam
  • Cooling: Wall Units
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heat Fuel: Oil
  • Water Heater: Electric


  • Roof: Metal
  • Exterior Color: White
  • Exterior: Clapboard, Vinyl


  • Accessibility Features:
  • Garage Type:
  • Garage Description: Unassigned
  • Garage # Cars: 3


  • Taxes: $20,053

The New England Real Estate Network provides Multiple Listing Services (MLS) in the States of New Hampshire, Vermont, Massachusetts and Maine.

Copyright© 2017 The New England Real Estate Network. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 on 01/21/2017.

Market conditions

Median sale price

$216,000 DOWN -18.49% vs. month ago

Homes for sale

2 DOWN -60.00% vs. month ago

Homes sold

7 UP 40.00% vs. month ago

Average days on market

48 DOWN -63.35% vs. month ago