List Price: $1,600,000 | $150 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 1 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Listed Friday Jul 31, 2026 | MLS# 5102768
240 Meriden Road Lebanon NH
Listed by James Ward Equity Group Real Estate Broker Inc.
Former Keene Medical Complex Mixed Use, 3 Buildings, 1200 Road Frontage, 7 acres. Corporate headquarters or prime income investment property.(projected cap 10.5%) 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 strory 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. $1,600,000
Annual Expenses

Taxes: $24,065
Income
Gross Income | $112,000
Construction: Masonry | Vinyl Siding | Wood Exterior
Year Built: 1950
Style: Freestanding | Other
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 12420
Above Grade Sq.Ft.: 10660
Below Grade Sq.Ft.: 1260
Basement: Climate Controlled | Concrete | Concrete Floor | Exterior Access | Basement Stairs
Exterior Color: varies
Roof: Membrane | Metal
Seasonal: No
Heating: Baseboard | Direct Vent | Heat Pump | None
Cooling: Central AC | None
Electric: 220 Volt | Circuit Breaker(s)
Utilities: Cable Available | Propane
Electric Meters:
Water: Public Water On-Site
Sewer: Septic
Land Information
Alternative Lots Avail | Corner | Country Setting | Landscaped | Level | Major Road Frontage | River Frontage | In Town
Lot size: 7 acres
Zoned: Comm by grandfather rgts)
Surveyed: Unk
Flood Zone: No
Road Frontage: 1034
Driveway: Paved


Docs Available : Building Permit | Deed | Plot Plan
Easement - No
Block - 1
Taxes $24,065
Assesed Value Not Reported
Schools

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