Active
11,920 sqft
240 Meriden Rd, Lebanon, NH 03766
Est: $10,273/moGet pre-approved
Multi FamilyProperty Type
7 acresLot Size
1950Year Built
$134/sq ftPrice per sq ft

Description

Former Keene Medical Complex Mixed Use, 3 Buildings, 1200 Road Frontage, 7 acres. Corporate headquarters or prime income investment property. (projected cap 10.5%- 12%) 3 buildings with Offices, display and retail showroom, service and repair area, receiving and storage. Additional land with extensive road frontage. Easy potential subdivision for 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....Former Keene Medical Complex Mixed Use, 3 Buildings, 1200 Road Frontage, 7 acres. Corporate headquarters or prime income investment property. (projected cap 10.5%- 12%) 3 buildings with Offices, display and retail showroom, service and repair area, receiving and storage. Additional land with extensive road frontage. Easy potential subdivision for 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.
51 days on Market
  • Listed by: James Ward • Equity Group Real Estate Broker Inc.
Last updated: 08/05/2026 08:59 PM • Source: New England Real Estate Network, MLS#: 5102768

Location

Listing Courtesy of Equity Group Real Estate Broker Inc.
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Payment Calculator

$10,273 per month

30 year fixed, 6.71% Interest

Principal and Interest

$8,268

Property Taxes

$2,005

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 240 Meriden Road

Property Details
  • Taxes: $24,065 / year
  • MLS Type: Multi Family
  • Water Body Type: River
  • Waterfront Property: Yes
  • Zoning: Comm by grandfather rgts
Building Information
  • Stories: 1
  • Residences: 3
  • Year Built: 1950
  • Lot Size: 7.00 AC / 304,920 SF
Summary
Location and General Information
  • City: Lebanon
  • County: NH-Grafton
  • Directions: Rt. 120 2 m south of downtonw
  • Latitude: 43.626401000001003
  • Longitude: -72.233485999999999
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Road
  • Map: 137
  • Zip Code: 03766
Taxes and HOA Information
  • Tax Rate: 21.53%
  • Tax Year: 2026
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 1
  • Lot: 1
  • Lot Features: Alternative Lots Avail, Corner, Country Setting, Landscaped, Level, Major Road Frontage, In Town
  • Lot Size Acres: 7.0
  • Road Frontage Length: 1034.0
  • Water Body Name: Unnamed
  • Waterfront Property Rights: Exclusively Owned
  • Total Finished Area: 11920.0
  • Above Grade Finished Area: 10660.0
  • Above Grade Finished Area Source: Assessor
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Assessor
  • Below Grade Finished Area: 1260.0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Unfinished Area: 500.0
  • BelowGradeUnfinishedAreaSource: Assessor
  • Lot Size Square Feet: 304920.0
  • Total Area: 12420.0
Property and Assessments
  • Property Class: Multi-Family
  • Easements: No
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Water Body Restrictions: No
  • Year Built: 1950
Utilities
  • Electric: 220 Volt, Circuit Breaker(s)
  • Sewer: Septic
  • Water Source: Public Water On-Site
  • Utilities: Cable Available, Propane
  • Separate Utilities: No
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: varies
  • Construction Materials: Masonry, Vinyl Siding, Wood Exterior
  • Roof: Membrane, Metal
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Climate Controlled, Concrete, Concrete Floor, Exterior Access, Basement Stairs
  • Heating: Baseboard, Direct Vent, Heat Pump, None
  • Cooling: Central AC, None
  • Total Stories: 1
Multi Family
Income & Expenses Information
  • Gross Income: $112,000.00
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 1
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1

Property History for 240 Meriden Road

DateEvent & SourcePriceAppreciation
Jul 31, 2026

Listed (Active)

New England Real Estate Network #5102768

$1,600,000—
DateEvent & SourcePrice
07/31/2026

Listed (Active)

New England Real Estate Network #5102768

$1,600,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 240 Meriden Road

Taxable ValueLand$598,850Additions$518,900Total$1,117,750
Tax Record2025$24,065 ($2,005 / month)
Home Facts
Lot Size300,564 SqFtStyleMiscellaneous CommercialZoningR3CountyGRAFTONAPNLBAN M:137 B:1 L:

Schools near 240 Meriden Road

This home is within Lebanon School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 13
Rating
School
Distance
Hanover Street School
PublicK to 4

Lebanon Middle School
Public5 to 8

Lebanon High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

240 Meriden Road is a multi-family home for sale in Lebanon, NH 03766. This property was listed for sale on July 31, 2026 by Equity Group Real Estate Broker Inc., it's currently listed at $1,600,000. This listing's school district is Lebanon School District. Nearby schools include Hanover Street School, Lebanon Middle School and Lebanon High School. 240 Meriden Road is a 0-bed, 0-bath, 11,920 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Equity Group Real Estate Broker Inc.

Copyright 2026 PrimeMLS, Inc. 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 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 09/21/2026 12:54 AM