68 Lyme Road, Hanover, NH, 03755 | $2,000,000

Welcome to 68 Lyme Road, a property that offers incredible potential in the heart of Hanover, NH! This commercial building is not just any regular space – it comes with the unique possibility of being converted into 49% residential housing. That means you could create both living space and business space under one roof! Imagine having the convenience of working where you live or turning part of the building into a home while keeping the rest for a business or rental. Commercial properties in Hanover don't come on the market often, making this an exciting chance to invest in a prime location. Whether you're thinking of opening a store, office, or something else, this building could be a perfect fit. And with the option to convert nearly half the space into residential, there's extra flexibility to suit your needs. With Hanover’s strong demand for both housing and commercial spaces, this property offers endless possibilities. The chance to own a building like this in such a sought-after area doesn't come around often, so this is truly a one-of-a-kind opportunity. Whether you're an investor or looking for a space for your own business and home, 68 Lyme Road is a property you don’t want to miss! Come explore this amazing opportunity to own a property that blends both business and living space in one of the best locations in Hanover.

Features

  • Property Type: Investment,Office
  • Construction: Post and Beam,Timber Frame,Wood Siding
  • Parking: On-Site,Parking Spaces 11 - 20,Paved
  • Heating: Stove - Wood,Pellet Stove,Furnace - Pellet
  • Cooling: Central AC
  • Units: 5
  • Zoning: OL
  • Frontage: 206
  • Year Built: 1985
  • Approx Sq. Feet: 4,418
  • Acreage: 0.46
  • Est. Taxes: $16,100
  • MLS#: 5019016
  • Website: https://www.raveis.com
    /prop/5019016/68lymeroad_hanover_nh?source=qrflyer
©2024 New England Real Estate Network, 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 PrimMLS. 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 12/18/2024
Listing courtesy of BHHS Verani Upper Valley   Phone: 603-643-8822
Listing Agent: Carter Auch

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

68 Lyme Road, Hanover, NH, 03755

$2,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,600,000 $1,600,000 $1,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.795% 6.472% 5.966%
Monthly Tax Payment $1,342 $1,342 $1,342
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,211 $9,982 $13,394
Total Monthly Payment $10,678 $11,449 $14,861

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.