4 Allen St - Storefront Retail/Residential FOR SALE


Hanover, NH 03755
$2,100,000 USD
802-238-9393
4 Allen St, Hanover, NH for Sale
$2,100,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

May '25


4 Allen St
Hanover, NH 03755


OVERVIEW

This property is in the heart of downtown Hanover. Just off Main Steet and a short walk to the Dartmouth Green and main college campus, it is one of the few family-owned, commercial buildings in town. Anchored for 82 years by Michael’s Audio-Video – and the site of other popular businesses leasing space – there are currently four units, with 1,750 sq ft available in the center of the building. Adjacent municipal parking. Within easy walking distance are: The Hopkins Center for The Performing Arts; The Hood Museum of Art; The Black family Center for Visual Arts; The Baker-Berry Library; the GEISEL School of Medicine; the Tuck Business School; and The Thayer School of Engineering; several restaurants and downtown businesses. Only five minutes from I-91 in Vermont, and 10 minutes from I-89 in Lebanon, NH. The DH Medical Center is nearby, with the VA Hospital 15 minutes south just off I-91 in White River Junction. With excellent schools on both sides of the Connecticut River, Hanover is home to the first interstate school district in the US - The Dresden School District – with outstanding academic, extra-curricular, and athletic programs. There are numerous private schools in the region, as well. Major employers include Dartmouth College, the Dartmouth Health medical complex (with the Norris Cotton Cancer Center), the Veterans Administration, Hypertherm Associates, King Arthur Baking, and many smaller firms. A wide variety of recreation/entertainment facilities and opportunities abound throughout the region, plus the close proximity to major ski areas in both NH and VT. Solid rental income from three existing tenants at this property, income/expense information can be available with a signed Confidentiality Agreement.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$354 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4-6 Allen Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Storefront, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,754 SF

ZONING

-

APN/PARCEL ID

HNOV-000034-000006-000001

ASK ABOUT THIS PROPERTY

Terry BooneBassette Real Estate GroupMore Info
802-238-9393

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Terry BooneBassette Real Estate GroupMore Info
802-238-9393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.