195 Mechanic ST Lebanon, NH 03766

INCOME / DEVELOPMENT OPPORTUNITY! This multi-purpose commercial property is suitable for an investor or owner/developer. The 1.3+/- acre lot features 215+/- feet of frontage on high volume (14,000 vpd) Mechanic Street which links Lebanon's downtown with I-89 and West Lebanon. This property is improved with a 5,533+/- SF mixed office/residential complex with (3) apartment units (1, 2 & 3 bedroom) and a small office as well as three attached garage units at the rear of the building. The 3,400+/- SF commercial building at the rear of the site is leased separately to a home improvement contractor. Much of the large paved area previously served as parking space for auction goers and offers potential for a variety of alternative uses. 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.